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Building a road might create temporary jobs, but does it really create wealth if it doesn’t also shorten commute times or otherwise make society better off?

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Myron Scholes

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I was involved with Wells Fargo Bank as a consultant in the late 1960s and early 1970s, when I suggested to them that they develop a product that has become known as index funds.

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If we all tried to make other people’s paths easy, our own feet would have a smooth even place to walk on.

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May 15, 2024

If we all tried to make other people’s paths easy, our own feet would have a smooth even place to walk on.

Previous

May 15, 2024

I was involved with Wells Fargo Bank as a consultant in the late 1960s and early 1970s, when I suggested to them that they develop a product that has become known as index funds.

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