Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion. – James Buchan
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
Saudi Arabia is a puritanical state that claims a monopoly of wisdom and virtue. – James Buchan
The world dominion of western thought, forms of organisation, technology and military force is not God-given, nor eternal, nor greatly appreciated by the rest of the world. – James Buchan
Theres full consensus in the military that women shouldnt be in person-to-person combat. I dont know if we have enough experience to know whether this is the right approach. But women can be elsewhere. We have mandatory military service in Chile. I pushed for women in all areas. – Michelle Bachelet