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Letter "G" » Great Depression
«The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.»
Author: Milton Friedman
(
Economist)
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Keywords:
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«Our Generation has had no Great war, no Great Depression. Our war is spiritual. Our depression is our lives.»
«No one can possibly have lived through the Great Depression without being scarred by it. No amount of experience since the depression can convince someone who has lived through it that the world is safe economically.»
«Next to reasoning, the greatest handicap to the optimum development of Man lies in the fact that this planet is just barely habitable. Its minimum temperatures are too low, and its maximum temperatures too high. Its day is not long enough, and its night is too long. The disposition of its water and earth is distinctly unfortunate (the existence of the Mediterranean Sea in the place where we find it is perhaps the unhappiest accident in the whole firmament). These factors encourage depression, fear, war, and lack of vitality. They describe a planet, which is by no means perfectly devised for the nurturing or for the perpetuation of a higher intelligence.»
Author: James Thurber
(
Writer)
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Keywords:
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