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"The challenge is to balance unequal outcomes with equality of opportunity, namely justice before the law, best in class health and education. The key measure is intergenerational mobility, and it is not surprising to discover that the US has among the OECD countries one of the worst results."
By Paul Summerville Victoria, BC on ‘Capital in the Twenty-First Century’, by Thomas Piketty
"It's time to end all the fix markets - Libor set the stage and gold markets reinforce the need. Why continue the fiction of a committee or panel setting the daily price in large liquid markets?"
By WashMichael on Gold: In search of a new standard