In the early days of the crash it was widely believed that Jesse L. Livermore, a Bostonian with a large and unquestionably exaggerated reputation for… - John Kenneth Galbraith

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In the early days of the crash it was widely believed that Jesse L. Livermore, a Bostonian with a large and unquestionably exaggerated reputation for bear operations, leading asyndicate that was driving the market down.

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About John Kenneth Galbraith

John Kenneth Galbraith (15 October 1908 – 29 April 2006) was a Canadian-American economist and author.

Biography information from Wikiquote

Also Known As

Alternative Names: John K. Galbraith John Galbraith J. K. Galbraith Ken Galbraith

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If he suspects that economics, as it is conventionally taught, is, in part, a system of belief designed less to reveal truth than to reassure students and other communicants as to the benign tendency of established social arrangements, he will also be right.

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All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.

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