"In finance, everything that is agreeable is unsound."
Winston Churchill
(1874-1965) Prime Minister of the United Kingdom (1940-1945, 1951-1955)
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Reader comments about this quote:
It almost seems that way at times. I don't know about rating this with stars but, it is kinda funny.
 -- Mike, Norwalk     
    Principals of honesty are agreeable. Unsound, in a sea of Usury.
     -- Ron w13, Or     
    Ron .. principles.

    My mom once said, "Propose a fiscal problem to 10 economists and you'll get 11 solutions."
    Maybe it's the nature of the science -- or is it an art ?
     -- Bob Leavitt, Charlotte, VT     
    It is always an art form to cook the books. Creative accounting 101.
     -- Ron w13, Or     
    Bob Leavitt, I like it. Economics fiscal science is known and irrefutable within or at natural law. Economics fiscal art is known within legal positivism and legal realism (religion's, philosophy's, politic's, etc. extensions - ever learning, and never able to come to the knowledge of the truth - with the cry: 'if we can't do it, no one can') An example of artful economics would be Keyensian Economics (designed to make the rich, richer and more powerful and to make the poor impoverished and powerless. Natural law economics takes in such concepts as bankruptcy (for example if you owe more medical bills than you will ever be able to pay back in your life time, you are bankrupt.). (-; AND, with government schools being what they are, teaching what they do, your mother was more than accurate ;-)
     -- Mike, Norwalk     
    The mentally ill are pleased with unsound strategies. The mentally healthy strive valiantly for sound principles.
     -- Fredrick William Sillik, Anytown     
    Sillik, I agree  you mentally ill don't even know what sound principles are.
     -- Mike, Norwalk     
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