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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

Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required. – James Buchan

Category:
Business
Author
James Buchan
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Rarely in modern times has there been such a revolution in commercial sentiment as occurred in 2008, or such a display in government and business of panic and helplessness. – James Buchan

Category:
Business
Author
James Buchan
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Saudi Arabia is a puritanical state that claims a monopoly of wisdom and virtue. – James Buchan

Category:
Wisdom
Author
James Buchan
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Other Quotes from
History
category

If you listen to Giuliani, its like nobody did anything to improve the city except him. Im not part of the history. Bloombergs not part of the history. Its like, he did it. Hes the only one. Thats why hes a little crazy. – Ed Koch

Category:
History

History supplies little beyond a list of those who have accommodated themselves with the property of others. – Voltaire, Philosophical Dictionary

Category:
History

I thought I had to make an impact on history. I had to become the greatest choreographer of my time. That was my mission. Posterity deals with us however it sees fit. But I gave it 20 years of my best shot. – Twyla Tharp

Category:
History

History takes time. History makes memory. – Gertrude Stein

Category:
History

Random Quotes

I believe in the institution of marriage. Of course being a Mormon, we believe in eternity rather than just till death do us part. If you really try hard, if you make it work, its blissful. But I also know a marriage that isnt working can be painful. – Donny Osmond

Category:
Death

Consider the postage stamp: its usefulness consists in the ability to stick to one thing till it gets there. – Josh Billings

Category:
Perseverance

Politics is the art of preventing people from busying themselves with what is their own business. – Paul Valery

Category:
Art

A library is thought in cold storage. – Herbert Samuel

Category:
Libraries