It’s one of the most penetrating statements ever uttered in the modern age, so insightful that in 2007 it was added to the Oxford Dictionary of Modern Quotations. What marvel of philosophical brilliance is this, you ask? It’s nothing less than the timeless advice given to children by their father: “Kids, you tried your best and you failed miserably. The lesson is never try.”
After two years of economic turmoil it seems that the message that governments are spending too much money is finally getting out. In fact, the crisis today is solely caused by government spending far too much, and doing so while pretending, Keynesian style, that the spending will actually fix the economy.
The bean-counters have struck again — this time in the sports pages. Two New York Times sport writers have discovered that baseball coaches from minority groups are found more often coaching at first base than at third base. Moreover, third-base coaches become managers more often than first-base coaches.