Capitalism Quote by Andrew Lo Download Open image “Financial crises are an unfortunate but necessary consequence of modern capitalism.” — Andrew Lo ★ ★ ★ ★ ★ 2.7 out of 5 (6 ratings) Copy quoteShare Capitalism Consequence Crises Crisis Economics Financial Financial crisis Modern Money Necessary Unfortunate
In the history of modern capitalism, crises are the norm, not the exception. — Nouriel Roubini Copy Share Image
At some point, there will be some other financial crisis. It's in the nature of a capitalist system. — Lee Hsien Loong Copy Share Image
If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks,… — Carmen Reinhart Copy Share Image
From the beginning of time, we've had financial crises. People always blame the banks and for good reason. When you look for the root… — Henry Paulson Copy Share Image
The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have… — Ben Bernanke Copy Share Image
The essence of the this-time-is-different syndrome is...rooted in the firmly held belief that financial crises are things that happen to other people in other… — Carmen Reinhart Copy Share Image
The financial crisis we are facing today arises from the fact that there is almost no more social, cultural, natural, and spiritual capital left… — Charles Eisenstein Copy Share Image
The financial crisis revealed important weaknesses in many areas of our financial system. — Jerome Powell Copy Share Image
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis. — Ben Bernanke Copy Share Image
Economists suffer from a deep psychological disorder that I call 'physics envy'. We wish that 99 percent of economic behavior could be captured by… — Andrew Lo Copy Share Image
My mother died of lung cancer last year. I felt helpless. As an economist, I thought, 'What can I do?' — Andrew Lo Copy Share Image
Most people are overconfident about their own abilities. That is probably a good thing. But we would be horrified if a physician's aide engaged… — Andrew Lo Copy Share Image
Cancer is the great equalizer. Everyone is affected by it either themselves or through loved ones. — Andrew Lo Copy Share Image
While neurological studies have tried to identify components responsible for fear and greed, the impact on finance is less clear. — Andrew Lo Copy Share Image
Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may… — Andrew Lo Copy Share Image
Great investors need to have the right combination of intuition, business sense and investment talent. — Andrew Lo Copy Share Image
During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes… — Andrew Lo Copy Share Image
If you rank the top 50 one-day moves in the S&P 500, a fair number of those happened within the last five or 10… — Andrew Lo Copy Share Image
More and more investors may be coming into markets everywhere but that doesn't mean that the markets are really getting more and more efficient,… — Andrew Lo Copy Share Image
Don't let's lose sight of what creates wealth. It is open markets, it is capitalism. — Rupert Murdoch Copy Share Image
Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours. — Alan Greenspan Copy Share Image
Philosopher is a dictator who modifies accepted standards with his thoughts. — Ilkin Santak Copy Share Image
There is only one party in the United States, the Property Party...and it has two right wings: Republican and Democrat. Republicans are a bit… — Gore Vidal Copy Share Image
Neither Italian fascism nor German national "socialism" have anything in common with such a [Soviet socialistic] society, primarily because private ownership of factories, plants,… — Joseph Stalin Copy Share Image
Corporations have nothing to do with values, and they know it, and sometimes say it. — Eric Kierans Copy Share Image
There are no two countries with the same style of economic mechanism, with the same capitalism. — Anatoly Chubais Copy Share Image
Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and… — John Adams Copy Share Image
“Scholars have long debated whether capital markets lead to appropriate levels of saving and investment for future generations.” — David L. Weimer Copy Share Image
“A car is one of the most interesting inventions, but driving is one of the most boring activities.” — Mokokoma Mokhonoana Copy Share Image
“Occult Theft,--Theft which hides itself even from itself, and is legal, respectable, and cowardly,--corrupts the body and soul of man, to the last fibre… — John Ruskin Copy Share Image
