On the recordOctober 27, 2009
When mistakes don't cost you anything, you do more of them.
Source
congress.govRobert C. Roberts: “When mistakes don't cost you anything, you do more of them.”
Editor's note · Context
Highlighting the consequences of government bailouts for bad decisions.
Share
More from Robert C. Roberts
Oct 27, 2009
Americans are angry about executive compensation. Rightfully so. The executives at General Motors and Chrysler do not deserve to make a lot of money.
Oct 27, 2009
Capitalism is a profit and loss system. The profits encourage risk-taking. The losses encourage prudence.
Other voices in this conversation
