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
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Bulls dont read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-20, the railway speculation of the 1840s, the great crash of 1929. – James Buchan

Category:
History
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Even before he came to power in 1997, Gordon Brown promised to change the accounts to parliament from simple litanies of cash in and cash out, to a more commercial system that took notice of the public property the departments were using. This system is known as resource accounting. – James Buchan

Category:
Change
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Other Quotes from
History
category

Neither the life of an individual nor the history of a society can be understood without understanding both. – C. Wright Mills

Category:
History

I do consider myself part of black history. – Mary J. Blige

Category:
History

All history is incomprehensible without Christ. – Ernest Renan

Category:
History

Theres something quite exciting when you have a history with somebody and you see them do new and different things. – Tim Burton

Category:
History

Random Quotes

Let your tears come. Let them water your soul. – Eileen Mayhew

Category:
Broken Hearts

The present contains nothing more than the past, and what is found in the effect was already in the cause. – Henri Bergson

Category:
Past, the

Success is measured by your discipline and inner peace. – Mike Ditka

Category:
Peace

Everything in war is very simple. But the simplest thing is difficult. – Karl Von Clausewitz

Category:
War