Much of the profession is empirically bankrupt because it is no longer taught economic history.
Debasement was limited at first to one’s own territory. It was then found that one could do better by taking bad coins across the border of neighbori… - Charles P. Kindleberger
Debasement was limited at first to one’s own territory. It was then found that one could do better by taking bad coins across the border of neighbori…
- Charles P. Kindleberger
What matters to us is the revelation of the swindle, fraud, or defalcation. This makes known to the world that things have not been as they should ha… - Charles P. Kindleberger
What matters to us is the revelation of the swindle, fraud, or defalcation. This makes known to the world that things have not been as they should ha…
The first derivative is the last refuge of a scoundrel. - Charles P. Kindleberger
The first derivative is the last refuge of a scoundrel.
There is nothing so disturbing to one's well-being and judgment as to see a friend get rich - Charles P. Kindleberger
There is nothing so disturbing to one's well-being and judgment as to see a friend get rich
Much of the profession is empirically bankrupt because it is no longer taught economic history. - Charles P. Kindleberger
The propensity to swindle grows parallel with the propensity to speculate during a boom the implosion of an asset price bubble always leads to the di… - Charles P. Kindleberger
The propensity to swindle grows parallel with the propensity to speculate during a boom the implosion of an asset price bubble always leads to the di…
Money is a public good; as such, it lends itself to private exploitation. - Charles P. Kindleberger
Money is a public good; as such, it lends itself to private exploitation.
The period of financial distress is a gradual decline after the peak of a speculative bubble that precedes the final and massive panic and crash, dri… - Charles P. Kindleberger
The period of financial distress is a gradual decline after the peak of a speculative bubble that precedes the final and massive panic and crash, dri…
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