Decent Quote by David Remnick

It is the habit of the unthinking to turn to the illusions of economic magic. These unhappy times call for the building of plans…

— Franklin D. Roosevelt

“The illusion that one has understood the past feeds the further illusion that one can predict and control the future. These illusions are comforting.…

— Daniel Kahneman

“The market economy is delivering miracles by the minute and yet we hardly notice or care; worse, we denounce the realization of this dream…

— Jeffrey Tucker

Every day it seems more likely that we are destined - or should one say doomed? - to replay the disastrous economic history of…

— Barry Eichengreen

The fact is that during the post-1989 heyday of globalization optimism, political and business elites did not think enough about the prospect - plainly…

— Arancha Gonzalez

“The cycle of optimism and euphoria leading to greed, fear and capitulation, giving way to hope and building back to optimism, drives the expansion…

— Coreen T. Sol

Speculation is the romance of trade, and casts contempt upon on all its sober realities. It renders the stock-jobber a magician, and the exchange…

— Washington Irving

“The truth is that we, in our hyperprosperity, may be able to live without meaning, faith or purpose, filling our threescore years and ten…

— Meic Pearse

If one could divine the nature of the economic forces in the world, one could foretell the future.

— Robert Heilbroner

The illusion that we understand the past fosters overconfidence in our ability to predict the future.

— Daniel Kahneman

Much of American wealth is an illusion which is being secretly gnawed away and much of it will be completely wiped out in the…

— Howard Ruff

“The illusion that one has understood the past feeds the further illusion that one can predict and control the future. These illusions are comforting.…

— Daniel Kahneman