“The prevailing ideology of the modern west - which is political economy - is in the doghouse. Having failed to notice atmospheric pollution, the economists then frightened themselves with the sort of financial crisis they said they had abolished.” SaidPoliticalEconomyModernCrisisWestFinancialIdeologyFrightenedPollutionThey SaidEconomistPrevailingFinancial CrisisPolitical Economy Author:James Buchan
“A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of....debt...is in any way a new phenomenon.” WayBelieveMemoriesModernWeaknessInvestingFinancialDebtPhenomenon Author:John Kenneth Galbraith
“Modern cosmetic surgeons have a direct financial interest in a social role for women that requires them to feel ugly. They do not simply advertise for a share of a market that already exists: Their advertisements create new markets. It is a boom industry because it is influentially placed to create its own demand through the pairing of text with ads in women's magazines. The industry takes out ads and gets coverage; women get cut open. They pay their money and they takes their chances. As surgeons grow richer, they are able to command larger and brighter ad spaces.” FeelsAbleSocialGrowsInterestChanceSpacePayRolesCuttingShareModernIndustryDemandDirectFinancialUglyCommandMagazinesAdsBrighterSurgeonsCoverageAdvertisementsCosmeticsSocial Roles Author:Naomi Wolf
“Things like the financial markets - a proper grounding in mathematics could help the common man. I believe that if people are more familiar with mathematical concepts... it can help deal with modern life, which is increasingly complex.” PeopleIfsMenBelieveHelpingI BelieveDealsCommonModernConceptsMathematicsComplexesFinancialFamiliarMathematicalModern LifeCommon ManGroundingFinancial Markets Author:Viswanathan Anand
“Financial crises are an unfortunate but necessary consequence of modern capitalism.” ModernCapitalismConsequenceCrisisFinancialUnfortunateFinancial Crisis Author:Andrew Lo
“Financial dependence on the state is the foundation of modern serfdom.” StatesModernFoundationFinancialDependence Author:G. Edward Griffin
“Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world.” WorldYearsModernKeysYears AgoInstitutionsLeavingFinancialStabilitySophisticatedRegulatorsFinancial InstitutionsFelonsFinancial Stability Author:William K. Black
“Creating a regulatory system that reflects the modern-day realities of financial markets is not as difficult as it may appear.” MayRealityDifficultModernCreatingFinancialModern DayFinancial Markets Author:Paul Singer