Quote by James Buchan
Up until the Depression, recession had a moral character: it was s

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

Other quotes by James Buchan

One of the consequences of the Iranian revolution has been an explosion of history. A country once known only from British consular reports and intrepid travelogues is now awash with historical documents, letters, diaries, grainy video, weblogs and secret police files of questionable authenticity. – James Buchan

Category:
History
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In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination. – James Buchan

Category:
Future
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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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Other Quotes from
Business
category

The great leaders are like the best conductors – they reach beyond the notes to reach the magic in the players. – Blaine Lee

Category:
Business

If you were successful, somebody along the line gave you some help… Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If youve got a business – you didnt build that. Somebody else made that happen. – Barack Obama

Category:
Business

My success just evolved from working hard at the business at hand each day. – Johnny Carson

Category:
Business

A miser and a liar bargain quickly. – Proverb

Category:
Business

Random Quotes

Yoga is not about self-improvement, it’s about self-acceptance. – Gurmukh Kaur Khalsa

Category:
Yoga

In the councils of a state, the question is not so much, what ought to be done? As, what can be done? – Proverb

Category:
Government

If you love god, burn a church. – Jello Biafra

Category:
God

It is a good thing for a physician to have prematurely grey hair and itching piles. The first makes him appear to know more than he does, and the second gives him an expression of concern which the patient interprets as being on his behalf. – A. Benson Cannon

Category:
Medical