Charlie Munger：Munger's 1994 USC Talk, Additional Excerpt 11

And that reaction of the robber barons was so irritating to people that it made it unfashionable to think of an economy as an ecosystem. But the truth is that it is a lot like an ecosystem. And you get many of the same results.

Source： https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Locator：Archived transcript, additional excerpt 11 · Verified：2026-10-19 · Verification：Short excerpt

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