"A policy of cheap money for picket fences lead people to hazard bets they could ill afford"
"A top-down policy of good intention by giving every household in a dilapidated aging housing project with corroded gas pipes, a large candle, in case the lights go out."
"Taleb’s "Antifragility" exists when free market forces are at play."
"The gaming had begun."
"What we find is the institutionalization of the moral hazard by top-down policies that have dearly hurt the country in overall wealth, health and happiness."