In my latest Epoch Times column I ask why after all its horrors. misdeeds and lies, most recently the Chinese government deliberately hiding the COVID-19 outbreak from the world while it spread, people including in our government still take a rosy view of communism.
“Vilfredo Pareto… developed a logarithmic pattern that demonstrated that, typically, only 20 per cent of people controlled 80 per cent of a country’s wealth. Later, American economist Max Lorenz observed that Pareto’s principle, often called the 80/20 rule, could be applied broadly to other areas, such as productivity (20 per cent of employees do 80 per cent of the work) and machinery management (20 per cent of machines are responsible for 80 per cent of breakdowns).”
Marnie Ko in Western Standard September 27, 2004
In my latest National Post column I express gratitude for all the things that make me happy normally and are now helping me through the quarantine including (my life is so interesting words may fail you here) a brilliantly designed new power bar protecting my vital computer lifeline to the world.
“Life is made up of a series of judgments on insufficient data, and if we waited to run down all our doubts, it would flow past us.”
Judge (Billings) Learned Hand in “On Receiving an Honorary Degree” (1939) quoted on en.wikiquote.org/wiki/Learned_Hand
In my latest National Post column I say Justin Trudeau’s reflexive effort to bypass parliamentary self-government in a crisis was dangerous as well as foolish.
“When good economists die, they come back as physicists. When bad economists die, they come back as sociologists. It is an old joke, but class envy is no stranger to academics: Everyone wants to go up-market in the rigour wars.”
Paul Kedrosky in National Review May 5, 2001