For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
The legal system in Afghanistan is very immature and porous.
Let's create a legal system that can work.
Anything that inspires addiction or obsession - substances, entertainment, beauty, secrecy - is dangerous in that it can lead to isolation, self-absorption, and disconnection, to paralyzed stasis: an immobility that gathers like a force.
There is a third quality to friendship, and it is not as easy to put into a single word. The right word, literally, is "sympathy" - sym-pathos, common passion. This means that friendships are discovered more than they are created at will.
Our culture says that feelings of love are the basis for actions of love. And of course that can be true. But it is truer to say that actions of love can lead consistently to feelings of love.
This is what I tell my students: step outside of your tiny little world. Step inside of the tiny little world of somebody else. And then do it again and do it again and do it again. And suddenly, all these tiny little worlds, they come together in th...
The trouble with girls is, if they like a boy, no matter how big a bastard he is, they'll say he has an inferiority complex, and if they don't like him, no matter how nice a guy he is, or how big an inferiority complex he has, they'll say he's concei...
The poem 'What Teachers Make' is not without its detractors. This one person wrote to me and said: 'Gee, Mr. Mali. You don't possibly have a teacher-God complex, do you?' And that was the first time I'd ever heard of that expression. So, yeah, I'm su...
In short, self-rule is workable only when a people are self-sufficient enough to reject the hierarchic system as it stands.
Capitalism has become systemically risky when a single financial algorithm like the one that David X. Li created brought the entire global economic system close to collapse in 2008.
It is home schooling that is rejecting a narrowness. It is not a radical value system; it's actually quite conservative.
I'm not a very good advertisement for the American school system.
Good scientists will fight the system rather than learn to work with the system.
In television you go in with this operating system that it is a crapshoot.
Our current tax system is broken.
It's time for the human race to enter the solar system.
I shot the first planet this afternoon.
I think the American university system still seems to be the best system in the world.
I think of images as an immune system and a transit system.
God may forgive your sins, but your nervous system won't.
