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Roger
https://www.goodreads.com/roro28
“Today financial capitalism is fraught with special interests, corporate monopolies, and an opacity that would have boggled Smith’s mind. Let me be clear: despite my criticism of our existing model of financial capitalism, this book isn’t anticapitalist. I am not in favor of a planned economy or a turn away from a market system. I simply don’t think that the system we have now is a properly functioning market system.”
― Makers and Takers: How Wall Street Destroyed Main Street
― Makers and Takers: How Wall Street Destroyed Main Street
“Probably no country has ever had as large a shift in the distribution of wealth [as what we've seen in the U.S. in the last 30 years] without having gone through a revolution or losing a major war.”
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“No country without a revolution or a military defeat and subsequent occupation has ever experienced such a sharp a shift in the distribution of earnings as America has in the last generation. At no other time have median wages of American men fallen for more than two decades. Never before have a majority of American workers suffered real wage reductions while the per capita domestic product was advancing.
Beside falling real wages, America's other economic problems pale into insignificance. The remedies lie in major public and private investments in research and development and in creating skilled workers to insure that tomorrow's high-wage, brain-power industries generate much of their employment in the United States.
Yet if one looks at the weak policy proposals of both Democrats and Republicans, ‘it is a tale, told by an idiot, full of sound and fury, signifying nothing.”
―
Beside falling real wages, America's other economic problems pale into insignificance. The remedies lie in major public and private investments in research and development and in creating skilled workers to insure that tomorrow's high-wage, brain-power industries generate much of their employment in the United States.
Yet if one looks at the weak policy proposals of both Democrats and Republicans, ‘it is a tale, told by an idiot, full of sound and fury, signifying nothing.”
―
“(it seems only a matter of time before Apple launches its own credit card).”
― Makers and Takers: How Wall Street Destroyed Main Street
― Makers and Takers: How Wall Street Destroyed Main Street
“game hunting was flourishing; and, dining at Muthaiga Club, I was offered trout freshly caught in the mountains, together with some last bottles of a particularly fragrant Rhine wine. Not since that last bright summer in Paris in 1939, when the wealthy of the world came flocking to spend their money lest they should not visit Paris again, had I seen women so well groomed, wearing so many lush furs. Baboon pelts and leopard skins were particularly popular. Great log fires burned in the grates of the club chimney places, though the nights were scarcely sharp. The men wore dinner-jackets or dress uniform. The conversation tended to hunting. In the day one had golf at Brackenridge, or swimming or riding or fooling round the game reserves where giraffe still roam haphazardly. Normally one looked in at a roadhouse for an apéritif around eight in the evening, and after dinner perhaps went down to Torr’s to dance. They say the altitude at Nairobi makes people slightly crazy, but after the desert I found it all delightful, as though the world were enjoying one long holiday. As”
― Desert War: The North African Campaign 1940-43
― Desert War: The North African Campaign 1940-43
Roger’s 2025 Year in Books
Take a look at Roger’s Year in Books, including some fun facts about their reading.
1,075 books
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308 friends
128 books
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80 friends
24 books
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31 friends
59 books
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27 friends
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