Wednesday, January 17, 2007

Skill and Chance

[An added point that Hayek makes is that the rules of the game of market exchange are neither just nor unjust. They merely forbid certain actions. Success in this game involves both skill as well as chance. The game of market exchange is a much kinder game than life in the jungle. But it is still a game.
-- Sauvik Chakraverti, THE TIMES OF INDIA 17 Jan, 2007]
Skill + Chance
Self-effort + Surrender
Call from below + Grace from above

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