China’s new leaders will be ushered in within weeks, but the world may have to wait until a year from now to hear what they stand for. That’s when the third plenary, or meeting of top politicians, should happen. Communist Party tradition shows that is the date that matters most.
Roughly a century ago, the American writer Ambrose Bierce compiled ”The Devil’s Dictionary”. In his celebrated lexicon, Bierce displayed a profound understanding of finance, which he defined as “the art or science of managing revenues and resources for the best advantage of the manager.” Below are several other of his definitions touching on the subject of money.