Notes &
Truly free markets depend on two essential ingredients to succeed. The first is greed (or the desire to succeed, get rich, achieve, innovate, and so on). The second is risk. Risk governs greed and prevents greed from getting out of control and knocking the market out of balance. Simply put, if you’re afraid of losing all your money, you work harder to make smart decisions about what to do with it.
Donnie Fowler: How Bush Ruined the Free Market
The piece overall is “eh,” but this part is nicely put
