Speculation Serves a Useful Social Function
5 Pages Posted: 8 Jul 2011
Date Written: July 6, 2011
In days of yore, oriental despots commonly treated the bearers of bad news in a rather extreme manner: they beheaded them!
We have made great strides in modem Canada, at least as far as humaneness of punishment is concerned. We no longer execute messengers. But in the case of at least one type of bearer of bad news - the speculator - our present understanding and appreciation of his task rivals even that of the ancient oriental despot - in its ignorance.
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