--- title: "Meaning & Key Takeaway of: Perhaps never before or since have so…" description: "\"Perhaps never before or since have so many people taken the measure of economic prospects and found them so favorable as in the two days following the ..." image: "https://sms4smile.com/quotes/i/3ec/john-kenneth-galbraith-643_disaster_perhaps-never-before-or-since-have-so-ma_2656983.png" --- # Perhaps never before or since have so many people taken… ![“Perhaps never before or since have so many people taken the measure of economic prospects and found them so favorable as in the two days following the Thursday [24th October 1929] disaster.” quote by John Kenneth Galbraith](https://sms4smile.com/quotes/i/3ec/john-kenneth-galbraith-643_disaster_perhaps-never-before-or-since-have-so-ma_2656983.png) [Download](https://sms4smile.com/quotes/i/3ec/john-kenneth-galbraith-643_disaster_perhaps-never-before-or-since-have-so-ma_2656983.png) [Open image](https://sms4smile.com/quotes/i/3ec/john-kenneth-galbraith-643_disaster_perhaps-never-before-or-since-have-so-ma_2656983.png) > “Perhaps never before or since have so many people taken the measure of economic prospects and found them so favorable as in the two days following the Thursday \[24th October 1929\] disaster.” [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. After the 1929 crash, many people became unusually optimistic about the economy, a paradoxical reaction. **In simple terms:** People felt hopeful after a disaster. Key Takeaway Question optimism after crises. Themes economics psychology optimism Mood analytical critical Type economic philosophical When to use this quote - investment decisions - policy making - public morale Key Concepts behavioral economics market sentiment Questions to Reflect On - Why do crises trigger optimism? - What are the dangers of premature confidence? A Different Perspective Optimism may ignore underlying risks. ★ ★ ★ ★ ★ No ratings yet [1929 Disaster](https://sms4smile.com/quotes/about/1929-disaster-2397113/) [Disaster](https://sms4smile.com/quotes/about/disaster/) [Economic](https://sms4smile.com/quotes/about/economic/) [Economic Prospects](https://sms4smile.com/quotes/about/economic-prospects-2190120/) [Favorable Days](https://sms4smile.com/quotes/about/favorable-days-2397115/) [Following](https://sms4smile.com/quotes/about/following/) [Found](https://sms4smile.com/quotes/about/found/) [Investing](https://sms4smile.com/quotes/about/investing/) [October](https://sms4smile.com/quotes/about/october/) [October 1929](https://sms4smile.com/quotes/about/october-1929-2397116/) [People](https://sms4smile.com/quotes/about/people/) [Prospects](https://sms4smile.com/quotes/about/prospects/) [Prospects Favorable](https://sms4smile.com/quotes/about/prospects-favorable-2397114/) [Taken](https://sms4smile.com/quotes/about/taken/) [Thursday](https://sms4smile.com/quotes/about/thursday/) [Two](https://sms4smile.com/quotes/about/two/) [Two days](https://sms4smile.com/quotes/about/two-days/) ## Related quotes > [The best way to improve economic prospects for women is to improve job prospects for the men in their lives, even if that means…](https://sms4smile.com/quotes/phyllis-schlafly/the-best-way-to-improve-economic-prospects-for-women-is-to-improve/) [Phyllis Schlafly](https://sms4smile.com/quotes/author/phyllis-schlafly/) > [It would be great if people returned to areas of the country that need talented people with good economic prospects. 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