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A fisherman-turned-banker who Michael Lewis interviewed during Iceland’s boom illustrates the specific problem that labor runs into. The fisherman lamented, “I think it is easier to take someone in the fishing industry and teach him about currency trading than to take someone from the banking industry and teach them how to fish”.

Bagus, Philipp; Howden, David (2011-03-21). Deep Freeze: Iceland's Economic Collapse (LvMI) (Kindle Locations 2072-2074). Ludwig von Mises Institute. Kindle Edition.

Comments

( 1 comment — Leave a comment )
mishalevy
Apr. 6th, 2014 04:05 pm (UTC)
правда ли это
интересно, так ли это
( 1 comment — Leave a comment )

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