Adverse Quote by Jo Bonner

Fear causes individuals to restrain their spending and firms to withhold investments; as a result, the economy weakens, confirming their fear and leading them…

— Robert J. Shiller

At times of economic upheaval and hardship, history tells us that people can become fearful and resentful.

— Wes Streeting

Panic is rare, looting is essentially insignificant, people are not terrified and trampling each other to flee from a disaster scene, but in fact…

— Rebecca Solnit

In economic panics throughout history, the wiping out of the savings accounts of lower earners and the middle class has often led to social…

— Nick Clooney

The Panic of 1819 exerted a profound effect on American economic thought. As the first great financial depression, similar to a modern expansion-depression pattern,…

— Murray Rothbard

A financial panic is a very bad thing, but a government panic can do far greater damage in a far shorter time.

— Tom McClintock

The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.

— Ludwig von Mises

One can relish the varied idiocy of human action during a panic to the full, for, while it is a time of great tragedy,…

— John Kenneth Galbraith

What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance.…

— Nouriel Roubini

“...Anxiety and panic happen to be mundane phenomena, i.e., even when they are caused by extraordinary things like war and rape, they tend to…

— Daniel B. Smith

In a climate of uncertainty and fear, without strong and visionary leadership, people panic.

— Patrick Dodson

In the panic of 1819, the protectionists stressed the lack of consumer markets abroad and the necessity for building up a market at home.…

— Murray Rothbard