Miscellany
“The contempt of risk and the presumptuous hope of success are in no period of life more active than at the age at which young people choose their professions,” wrote Adam Smith in 1776. “How little the fear of misfortune is then capable of balancing the hope of good luck.”
Miscellany
In 1919 a steel storage tank burst in Boston and spilled 2.3 million gallons of molasses, creating a twenty-five-foot-high wave that killed twenty-one people and tore buildings from foundations. The tank had leaked since its installation, but the company had, in response to complaints, merely painted it a concealing brown.
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