Friday, July 15, 2011

Confucius Analect of the Week, July 15, 2011

“This is certainly the limit!  I have yet to meet a man who, on observing his own faults, blamed himself!”  (James R. Ware, Chapter V, Verse 27)

Do you suppose Confucius foresaw American and European politicians, their economic advisers, and government-appointed regulators trying to escape blame for their roles in the financial crisis of 2007-09, the Great Recession, and risks of sovereign default?

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