“Life [exists] only because of a myriad of synchronicities that bring us to this particular place at this particular moment. In return for such a gift, the only sane response is to glitter in reply.”
Markets take great delight in wrong-footing the maximum number of participants.
"The Use of Knowledge in Society" is an academic paper written by economist Friedrich Hayek, that was first published in 1945. At that time a clear counterargument to a planned and centralized economy, it is more actual than ever!
In the autumn of 1910, the press in China began to report that a rare and deadly pneumonic plague had reached Harbin in the extreme Northeast of China, then known as Manchuria.