The Real Estate

Robert Toll Channels Adam Smith, Gordon Gekko

Dean Terry via flickr

Tomorrow's Observer will have an extensive interview with luxury home mogul Robert Toll, whose eponymous firm is building in Manhattan, Brooklyn and Queens. Here's Mr. Toll on the housing crisis:

The reason capitalism works is that one of the basic instincts of human nature is greed; everybody wants to get bigger, better, more, you know? And there are very few of us that walk around all day long with the thought of being our brother’s keeper.

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