Subscribe to RSSCharlie Munger: ‘Basicland’ A Parable Of How One Nation Came To Economic Ruin (from Slate)
This is a must read essay from Charlie Munger Vice Chairman of Berkshire Hathaway. Take a look for yourself and you will understand. In the early 1700s, Europeans discovered in the Pacific Ocean a large, unpopulated island with a temperate climate, rich in all nature’s bounty except coal, oil, and natural gas. Reflecting its lack of
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Charlie Munger: ‘Basicland’ A Parable Of How One Nation Came To Economic Ruin (from Slate)
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