1960s Quote by James Grant
“The 1980s are to debt what the 1960s were to sex. The 1960s left a hangover. So will the 1980s.”
About This Quote
Source Book: The Great Crash of 2008 by John Kenneth Galbraith, 2009
The 1980s produced a financial excess similar to the sexual revolution of the 1960s, leaving lingering problems that will persist.
In simple terms: 1980s excess mirrors 1960s sexual boom, both causing lasting fallout.
Key Takeaway
Recognize and address lingering consequences of past excesses.
Themes
economics
history
culture
excess
legacy
Mood
reflective
critical
Type
analytical
historical
When to use this quote
- policy making
- financial planning
- education
- media analysis
Key Concepts
boom and bust cycles
social change
financial risk
cultural shifts
Questions to Reflect On
- How do past cultural shifts influence current economic behavior?
- What policies can mitigate lingering debt issues?
A Different Perspective
The analogy may oversimplify complex economic and social dynamics.
![“Nearly all the writing of our time is likely to disappear in a hundred years. Certainly most readers - and nearly all critics - feel that [Kurt] Vonnegut started to repeat himself, to grow increasingly self-indulgent and meandering, and to sometimes just blather in his later work. But his books up…” quote by Michael Dirda](https://sms4smile.com/quotes/img-quotes/ed7/michael-dirda-3414_1960s_nearly-all-the-writing-of-our-time-is-li_13506.jpg)
![“[In the 1960s]...you could take LSD but you couldn't wear a pantsuit.” quote by Betsey Johnson](https://sms4smile.com/quotes/img-quotes/29a/betsey-johnson-11907_1960s_in-the-1960s-you-could-take-lsd-but-you_14174.jpg)
