A Quote by Barry Eichengreen
Every day it seems more likely that we are destined - or should one say doomed? - to replay the disastrous economic history of the 1930s.
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When we talk about authoritarianism, we conjure up out-of-date visions from the 1930s. But we are no more likely to do authoritarian government the way they did in the 1930s then we're likely to address or talk or do any of our other business in the way they did it in the 1930s.
Distant replay morphs into instant replay, and future replay cannot be far off.
There is a long history of newspapers being doomed. They were doomed by radio. They were doomed by television. They were probably doomed by the telegraph way back when.
People in the political world have every incentive to say things that lead voters away from a clear economic understanding of issues. What has happened more and more is that organized groups have more and more reasons to say things that don't make any economic sense.
Grittier students are more likely to earn their diplomas; grittier teachers are more effective in the classroom. Grittier soldiers are more likely to complete their training, and grittier salespeople are more likely to keep their jobs. The more challenging the domain, the more grit seems to matter.
States with high and rising tax burdens are more likely to suffer economic decline; those with low and falling tax burdens are more likely to enjoy strong economic growth.
But once a fool always a fool, and the greater the power in his hands the more disastrous is likely to be the use he makes of it. The heaviest calamity in English history, the breach with America, might never have occurred if George the Third had not been an honest dullard.
People who graduate are more resilient financially, and they weather economic downturns better than people who don't graduate. And, throughout their lives, people who graduate are more likely to be economically secure, more likely to be healthy, and more likely to live longer. Face it: A college degree puts a lot in your corner.
Loving you is like a Song I replay every 3 Minutes and 30 Seconds of every Day.
I am interested in the possibility that we are going to be wrong in the same way that history has indicated that mankind always is. It seems as though the history of ideas is the history of being wrong. And to me, that is a kind of continuum. It's a continual path that shows we don't always know something, but we're always shifting to a path that makes us feel more comfortable in the moment, even if that shift is wrong, and a new shift is destined to happen again.
The human community and individual people are more likely to hurt or undernourish children they think of as 'bodies' to be used. Cultures and people are more likely to raise children to be mere economic interns rather than fully developed humans if they see children as 'bodies' to be forced into certain economic and social molds.
More and more clearly every day, out of biology, anthropology, sociology, history, economic analysis, psychological insight, plain human decency and common sense, the necessary mandate of survival that we shall love all our neighbors as we do ourselves, is being confirmed and reaffirmed.
Capitalism now seems more likely a swamp, a bog, a quicksand in which humanity is presently flailing about, unable to extricate itself, perhaps doomed to perish within a few generations from the long term effects of the technology which seemed to Marx its greatest gift to humanity.
Politics is not something most people have to do every day. Their daily lives are much more influenced by job opportunities, whether the country is in a recession or a boom period. If you really want to understand what drives American history, look at the economic... side.
They say people who don’t learn from history are destined to repeat it.
The only negative thing is that I got into acting thinking, "One day I'll be a cowboy, the next day I'll be an astronaut. Maybe I'll be a fireman." It seems that I'm destined to play smart people in suits. I'd rather have that than no niche.
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