profound quotes: 28 january 2008

America’s material standard of living continues to improve, yet the dynamism of that same economy puts hundreds of thousands of people per week involuntarily out of work. It’s no surprise that demands for protection against the forces of market competition are on the rise–as well as nostalgia for a slower and simpler time. Nothing is more stressful for people than the perennial gale of creative destruction. Silicon Valley is without question an exciting place to work, but its allure as a honeymoon destination has, I would guess, thus far gone largely unrecognized.

– Alan Greenspan