Tag Archives: Galbraith

Markets, panic, idiocy and Galbraith

September 18, 2008 – 2:54 pm

A wonderful thing in Ken Silverstein’s Washington Babylon at Harpers. He quotes John Kenneth Galbraith in his 1954 book The Great Crash:
In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings. Like most humans, most of the time, they did some very foolish things. On the whole, [...]

By Jonathan Green | Posted in Uncategorized | Also tagged , | Comments (9)