Thursday, June 2, 2011

Edward Phelps on Failure



The man who makes no mistakes
does not usually make anything.

Edward John Phelps in a speech given at the Mansion House in London on 1899. Edward John Phelps (1822-1900) was a lawyer and diplomat from Vermont. From 1851 to 1853 he was the second controller of the United States Treasury.

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