Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system.
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Chapter Three, Fundamental Principles Of A Theory Of Gambling, p. 61Richard Arnold Epstein
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A baseball game, if it goes 5 innings, is official for betting purposes for betting either team. Whatever (commissioner) Bud Selig or anyone in baseball declares is completely different from wagering rules in sports books.
Bud Selig
The rise of National Socialism is the protest of a people against a State that denies the right to work. If the machinery for distribution in the present economic system of the world is incapable of properly distributing the productive wealth of nations, then that system is false and must be altered. The important part of the present development is the anti-capitalist sentiment that is permeating our people.
Gregor Strasser
What is a system? A system is a network of interdependent components that work together to try to accomplish the aim of the system. A system must have an aim. Without an aim, there is no system. The aim of the system must be clear to everyone in the system. The aim must include plans for the future. The aim is a value judgment. (We are of course talking here about a man-made system.)
W. Edwards Deming
We must say openly that the present economic system of the EU is a system of a suppressed market, a system of a permanently strengthening centrally controlled economy. Although history has more than clearly proven that this is a dead end, we find ourselves walking the same path once again. This results in a constant rise in both the extent of government masterminding and constraining of spontaneity of the market processes. In recent months, this trend has been further reinforced by incorrect interpretation of the causes of the present economic and financial crisis, as if it was caused by free market, while in reality it is just the contrary – caused by political manipulation of the market. It is again necessary to point out to the historical experience of our part of Europe and to the lessons we learned from it.
Vaclav Klaus
The purpose of this book is to discuss and present evidence for the general thesis that the flow of energy through a system acts to organize that system.
Harold J. Morowitz
Epstein, Richard Arnold
Erasmus, Desiderius
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