Recurrent speculative insanity and the associated financial… - John Kenneth Galbraith

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Recurrent speculative insanity and the associated financial deprivation and larger devastation are, i am persuaded, inherent in the system. Perhaps it is better that this be recognized and accepted.

John Kenneth Galbraith

A Short History of Financial Euphoria · July 1, 1994 Verified in 1 source Sign up to see the complete provenance

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About John Kenneth Galbraith

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

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

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for the young Louis XV: Philippe II, Duc d’Orléans, was a man who combined a negligible intellect with deeply committed self-indulgence.

Recurrent speculative insanity and the associated financial deprivation and larger devastation are, i am persuaded, inherent in the system. Perhaps i… - John Kenneth Galbraith

About John Kenneth Galbraith

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Additional quotes by John Kenneth Galbraith