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James Buchan Quotes

The use of refined petroleum as fuel, which began in the 1850s, freed hundreds of millions of people from the toil of centuries, gave hundreds of millions more a life of ease and plenty, and, by allowing great cities to feed themselves from every corner of the world, multiplied the population of the earth fivefold Picture Quote #1

My belief, for what it is worth, is that city dwellers cannot understand the world. Insulated from reality by complex and expert systems of provision and police, baffled by fashion and spectacle, city dwellers can distinguish neither the sources of their existence nor the consequences Picture Quote #1

Because bankers measure their self-worth in money, and pay themselves a lot of it, they think they’re fine fellows and don’t need to explain themselves Picture Quote #1

Losing your capital is like losing your trousers. It is a real humiliation, and one not to be soon repeated Picture Quote #1

Rarely in modern times has there been such a revolution in commercial sentiment as occurred in 2008, or such a display in government and business of panic and helplessness Picture Quote #1

Bulls don’t read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-20, the railway speculation of the 1840s, the great crash of 1929 Picture Quote #1

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Almost all novels are improved by cutting from the top. On their first pages, authors parade those favourite effects which disgust the impartial reader Picture Quote #1

Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required Picture Quote #1

Is there any purpose to translating poetry? A poem does not contain information of importance, like a signpost or a warning notice Picture Quote #1

In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination Picture Quote #1

If good history is dispassionate history, it must naturally wait until the passions of the period subside Picture Quote #1

By pouring money and goods into devastated regions, foreign aid workers sometimes compound the disruption and debauch the survivors Picture Quote #1

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At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call, skim it for their own reward and then lock the rest up in volatile, insecure and illiquid loans that at times they cannot redeem without public aid Picture Quote #1

Any new financial order for the world must tackle the three chief challenges of our age Picture Quote #1

Up until the depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion Picture Quote #1

The west has a great deal to answer for in the Middle East, from Britain's belated empire-building after the First World War to the US and British policy that condemns modern Iraq to the material and social squalor of a half century ago Picture Quote #1

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The use of refined petroleum as fuel, which began in the 1850s, freed hundreds of millions of people from the toil of centuries, gave hundreds of millions more a life of ease and plenty, and, by allowing great cities to feed themselves from every corner of the world, multiplied the population of the earth fivefold (James Buchan Quotes) My belief, for what it is worth, is that city dwellers cannot understand the world. Insulated from reality by complex and expert systems of provision and police, baffled by fashion and spectacle, city dwellers can distinguish neither the sources of their existence nor the consequences (James Buchan Quotes) Because bankers measure their self-worth in money, and pay themselves a lot of it, they think they’re fine fellows and don’t need to explain themselves (James Buchan Quotes) Losing your capital is like losing your trousers. It is a real humiliation, and one not to be soon repeated (James Buchan Quotes) Rarely in modern times has there been such a revolution in commercial sentiment as occurred in 2008, or such a display in government and business of panic and helplessness (James Buchan Quotes) Bulls don’t read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-20, the railway speculation of the 1840s, the great crash of 1929 (James Buchan Quotes) Almost all novels are improved by cutting from the top. On their first pages, authors parade those favourite effects which disgust the impartial reader (James Buchan Quotes) Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required (James Buchan Quotes) Is there any purpose to translating poetry? A poem does not contain information of importance, like a signpost or a warning notice (James Buchan Quotes) In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination (James Buchan Quotes) If good history is dispassionate history, it must naturally wait until the passions of the period subside (James Buchan Quotes) By pouring money and goods into devastated regions, foreign aid workers sometimes compound the disruption and debauch the survivors (James Buchan Quotes) At the heart of banking is a suicidal strategy. Banks take money from the public or each other on call, skim it for their own reward and then lock the rest up in volatile, insecure and illiquid loans that at times they cannot redeem without public aid (James Buchan Quotes) Any new financial order for the world must tackle the three chief challenges of our age (James Buchan Quotes) Up until the depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion (James Buchan Quotes) The west has a great deal to answer for in the Middle East, from Britain's belated empire-building after the First World War to the US and British policy that condemns modern Iraq to the material and social squalor of a half century ago (James Buchan Quotes)

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