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Majors Quotes

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Majors Quotes

“The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it over estimates the length of the short run. In doing so, it overreacts to records of success and failure for individual companies, driving the prices of successful firms too high and their unsuccessful counterparts too low.”

“It has been known for some time that a major nuclear war might lead to nuclear winter that would destroy the attacker as well as the target. And threats are now mounting, particularly at the Russian border, confirming the prediction of George Kennan and other prominent figures that NATO expansion, particularly the way it was undertaken, would prove to be a "tragic mistake," a "policy error of historic proportions."”

“Every book that comes out, every article that comes out, talks about how - while it may have been a "mistake" or an "unwise effort" - the United States was defending South Vietnam from North Vietnamese aggression. And they portray those who opposed the war as apologists for North Vietnam. That's standard to say. The purpose is obvious: to obscure the fact that the United States did attack South Vietnam and the major war was fought against South Vietnam.”