Competition Quote by Stefan Heym

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 IMF economists were doubtless shaken by the extreme failures of their prescriptions over many years, and by the collapse of the intellectual edifice…

— Noam Chomsky

The attempt to isolate economics from other disciplines-notably politics, history, philosophy, finance, constitutional theory and sociology-has fatally disabled its power to explain what is…

— Will Hutton

Back in the 1980s parts of our country were devastated by de-industrialisation. This wave of globalisation and the first fruits of technological innovation destroyed…

— Chuka Umunna

The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters.

— James Tobin

“As Keynes wrote, with devastating understatement, ‘The age of economic internationalism was not particularly successful in avoiding war.”

— Pankaj Mishra

It is impossible to understand the history of economic thought if one does not pay attention to the fact that economics as such is…

— Ludwig von Mises

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

I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money played a…

— Milton Friedman

The Great Depression in the United States was caused - I won't say caused, was enormously intensified and made far worse than it would…

— Milton Friedman

“The crash did not cause the Depression: that was part of a far broader malaise. What it did was expose the weaknesses that underpinned…

— Lucy Moore

An AIG failure would have been devastating to the financial system and to the economy.

— Henry Paulson