Quote by James Buchan
Cause and effect, the riddle of all history, is a particular devil

Cause and effect, the riddle of all history, is a particular devil in financial history and never more so than today, where entire classes of security are collapsing not on public exchanges and stock-tickers but because there are no markets to establish prices this side of nothing. – James Buchan

Other quotes by James Buchan

Of all the failed technologies that litter the onward march of science – steam carriages, zeppelins, armoured trains – none has been so catastrophic to prosperity as the last centurys attempt to generate electricity from nuclear fission. – James Buchan

Category:
Science
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The truth is, of course, that history is not completed in modern commerce any more than philosophy is perfected in political economy. In other words, there is nothing timeless or God-given about filling stations and penicillin and plastic bags. – James Buchan

Category:
History
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Because bankers measure their self-worth in money, and pay themselves a lot of it, they think theyre fine fellows and dont need to explain themselves. – James Buchan

Category:
Money
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Other Quotes from
History
category

It is sometimes very hard to tell the difference between history and the smell of skunk. – Rebecca West

Category:
History

History could pass for a scarlet text, its jot and title graven red in human blood. – Eldridge Cleaver

Category:
History

Thats all a man can hope for during his lifetime – to set an example – and when he is dead, to be an inspiration for history. – William McKinley

Category:
History

History will point out some of the things I did wrong and some of the things I did right. – George H. W. Bush

Category:
History

Random Quotes

Now, on nights that I cant sleep, I play video games alone until the morning. – Namie Amuro

Category:
alone

Hope is being able to see that there is light despite all of the darkness. – Desmond Tutu

Category:
Hope

Waste neither time nor money, but make the best use of both. Without industry and frugality, nothing will do, and with them everything. – Benjamin Franklin

Category:
Excess

Young girls look to me as a role model and think I crash diet to keep slim. Thats not true, I always eat properly. – Denise Van Outen

Category:
diet