A Quote by David Stockman

Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all. — © David Stockman
Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all.
Whenever I interview someone for a job, I always ask them whether they want to sit in Bernanke's chair. The only wrong answer is, 'Who's Bernanke?'.
The humblest painter is a true scholar; and the best of scholars the scholar of nature.
We don't have a great war in our generation, or a great depression, but we do, we have a great war of the spirit. We have a great revolution against the culture. The great depression is our lives. We have a spiritual depression.
A brilliant idea doesn't guarantee a successful invention. Real magic comes from a brilliant idea combined with willpower, tenacity, and a willingness to make mistakes.
[Kaz] is a great scholar, very funny - a true man of no rank!
It's important not to overstate the benefits of ideas. Quite frankly, I know it's kind of a romantic notion that you're just going to have this one brilliant idea and then everything is going to be great. But the fact is that coming up with an idea is the least important part of creating something great. It has to be the right idea and have good taste, but the execution and delivery are what's key.
So I analyzed that and decided I didn't want to be the president during a depression greater than the Great Depression, or the beginning of a depression greater than the Great Depression.
You have a class of young strong men and women, and they want to give their lives to something. Advertising has these people chasing cars and clothes they don't need. Generations have been working in jobs they hate, just so they can buy what they don't really need. We don't have a great war in our generation, or a great depression, but we do, we have a great war of the spirit. We have a great revolution against the culture. The great depression is our lives. We have a spiritual depression.
People have this idea that if you're not brilliant like Einstein, you can't be a scientist. And that's just a myth. He was the one out of a million scientists, but there were 999,999 other scientists who were not as brilliant but who just do great science, as well.
Originality is the essence of true scholarship. Creativity is the soul of the true scholar.
I, along with everybody else, had bought into the myth of Donald being a self-made man and being a brilliant developer. I had no idea that none of that was true because everybody acted like it was true.
In the large sense the primary cause of the Great Depression was the war of 1914-1918. Without the war there would have been no depression of such dimensions. There might have been a normal cyclical recession; but, with the usual timing, even that readjustment probably would not have taken place at that particular period, nor would it have been a "Great Depression.
I am obsessed with the Great Depression and with former showgirls - and the Victorians - the idea of wistful, dark romance.
The most brilliant idea, with no execution, is worth $20. The most brilliant idea takes great execution to be worth $20,000,000.
Jalaluddin Rumi is completely rooted in Islamic teachings of Quran. He was a great scholar, he belonged to a madrassa, and he knew Islamic theology and jurisprudence very well. He knew Persian, Arabic and Turkish, which was coming into Anatolia at that time, very well. He was a remarkable, remarkable scholar, besides being a great saint.
If you look at what happened, I came in the middle of the worst financial crisis since the Great Depression. And unlike Franklin Delano Roosevelt who waited, well, didn't take office until about three years into the Great Depression, it was happening just as I was elected.
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