Today's deep economic thoughts provided courtesy of
John Kenneth Galbraith:
Perhaps it was worth being poor for a long time to be so rich for just a little while.
And the following:
By affirming solemnly that prosperity will continue, it is believed, one can help insure that prosperity will in fact continue. Especially among businessmen the faith in the efficiency of such incantation is very great.
And one more for good measure:
Wall Street, in these matters, is like a lovely and accomplished woman who must wear black cotton stockings, heavy woolen underwear, and parade her knowledge as a cook because, unhappily, her supreme accomplishment is as a harlot.
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