“But in all times men have been prone to believe that their happiness and well-being were to be secured by means of… — Anonymous Copy Share Image
“In other words, path dependence means that the institutions and arrangements created before—often created haphazardly or as an expedient—now constrain and shape… — Ezekiel Emanuel Copy Share Image
Human nature means that institutions at some point lose their sense of mission. That sense of vulnerability drives Pimco. — Bill Gross Copy Share Image
