A Quote by Thomas Woods

Discussions of the economy, especially during times of crisis, are often framed in terms of lessons we supposedly learned during the Depression of the 1930s. If we are not to endure terrible times like those again, we are told, we must support whatever form of state intervention is currently being peddled.

Thomas Woods

Quote Topics

Again Being Crisis Currently Depression Discussions Economy Endure Form Framed Intervention Learned Lessons Like Must Often State Support Supposedly Terms Terrible Terrible Times Those Times Times Of Crisis Whatever

Quote Author

Thomas Woods
American - Historian
Born: August 1, 1972

The government is now in a position to do what Franklin D. Roosevelt did during the Great Depression of the 1930s - use a crisis of the times to create new institutions that will last for generations. To this day, we are still subsidizing millionaires in agriculture because farmers were having a tough time in the 1930s.

Thomas Sowell

Those who were fortunate enough to have the support of their parents or the state must in turn be generous, in solidarity, especially in hard times.

Ali Bongo Ondimba

I am heartbroken by the devastation caused by Hurricane Katrina in my home state. Like so many Americans I am watching the news reports with great sadness. But it's at times like these that each of us must work together to provide lifesaving aid to those in terrible need.

Tim McGraw

In 21 years there are a lot of ups and downs. There are melancholy times. There are sad times. There are happy times. There are unsure times. There are life lessons.

Kenny Chesney

During the Great Depression, levels of crime actually dropped. During the 1920s, when life was free and easy, so was crime. During the 1930s, when the entire American economy fell into a government-owned alligator moat, crime was nearly non-existent. During the 1950s and 1960s, when the economy was excellent, crime rose again.

Ben Shapiro

I like to think that life lessons are learned and re-learned every day and take on importance at different times in life.

Julianne Malveaux

If we are to depression-proof our economy we may need to pay more attention to the radical ideas and policies of those who witnessed the misery inflicted on so many during the 1930s.

John McDonnell

State intervention in economic production arises only when private initiative is lacking or insufficient, or when the political interests of the State are involved. This intervention may take the form of control, assistance or direct management.

Benito Mussolini

One must do the same subject over again ten times, a hundred times. In art nothing must resemble an accident, not even movement.

Edgar Degas

This crisis of long-term unemployment is having a profoundly damaging impact on the lives of those bearing the brunt of it. We know this thanks to a series of careful studies of the problem conducted in the depths of the 1930s Great Depression.

Barry Eichengreen

The beneficial effect of state intervention, especially in the form of legislation, is direct, immediate, and so to speak, visible, while its evil effects are gradual and indirect and lay out of sight ... Hence the majority of mankind must almost of necessity look with undue favor upon governmental intervention.

A. V. Dicey

I used to work in an office in New York for this terrible company, and we used to have staff meetings, and I would just count how many times the boss would use the phrase "in terms of." And he would say it like 30 or 40 times. And sometimes he would just say it. He'd be like, "Uhh, in terms of, how are we doing with that?" I realized nobody knows what they're talking about. Everyone's bullshitting. Maybe not everybody, but certainly a lot of people.

Tim Heidecker

I was a hard-times governor. I had to steer my state through the deepest recession since the 1930s. But hey, tough times don't last and tough people do. And can I tell you that Virginians are tough people? We are tough people.

Tim Kaine

Some people who are recovering from depression want to use the lessons they're learned in coping with depression and their empathy for people with depression. Others want their career to have nothing to do with depression.

Marty Nemko

Below, we itemize some of the quite different lessons investors seem to have learned as of late 2009 - false lessons, we believe. To not only learn but also effectively implement investment lessons requires a disciplined, often contrary, and long-term-oriented investment approach. It requires a resolute focus on risk aversion rather than maximizing immediate returns, as well as an understanding of history, a sense of financial market cycles, and, at times, extraordinary patience.