Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.
For decades, free nations tolerated oppression in the Middle East for the sake of stability. In practice, this approach brought little stability and much oppression, so I have changed this policy.
Liberty is the very last idea that seems to occur to anybody, in considering any political or social proposal. It is only necessary for anybody for any reason to allege any evidence of any evil in any human practice, for people instantly to suggest that the practice should be suppressed by the police.
What then, is correctness of speech but the maintenance of the practice of others, as established by the authority of ancient speakers? But the weaker men are, the more they are troubled by such matters. Their weakness stems from a desire to appear learned, not with a knowledge of things, by which we are edified, but with a knowledge of signs, by which it is difficult not to be puffed up in some way; even a knowledge of things often makes people boastful, unless their necks are held down by the Lord's yoke.
Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from those rules, is consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous, and frequently fatal to the banking company which attempts it.
According to Krishnamacharya , practice and knowledge must always go together. He used to say, practice without right knowledge of theory is blind. This is also because without right knowledge, one can mindfully do a wrong practice.
It's been a hard lesson for me , but contrary quite frankly to what is a common practice in politics, I can tell from my own experience, it is better to stay away from personalities.