CHAPTER 4

Intangible Defined

Absence of evidence is not evidence of absence.

—Martin Rees*

Bernard Lawrence Madoff, serving a sentence for defrauding his clients of billions of dollars, is a paradox. Duping a customer base, some of them the elderly, with Ponzi schemes, he made himself $65 billion1 and earned himself a sentence of 150 years in prison, with restitution of $170 billion. He is unlikely to fulfill either term. Good intentions should translate to better performances instead of broken promises. It should be simple enough. “Earth provides enough to satisfy every man’s needs, but not every man’s greed,” Mahatma Gandhi said. We have to ask ourselves whether aphorisms like these are mere catchwords or can we pragmatically implement them. ...

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