Showing posts with label Galbraith. Show all posts
Showing posts with label Galbraith. Show all posts

November 24, 2008

A cheery quote to start the week

John Kenneth Galbraith, The Great Crash: 1929, Intro-XIV:

[...] The phrases are the same: 'The economic situation is fundamentally sound' or simply 'The fundamentals are good.' All who hear these words should know that something is wrong.