The economic history of the last half century offers two cases of serious international depressions in countries with an essential orientation towards a market economy: In the first half of the 1930ies and in the middle of the 1970ies. With some simplification one can say that in the former case recovery started after a few years without the aid of much conscious expansionist policy.
Bertil OhlinRelated topics
aid case century conscious economy essential few former half history international last market middle orientation policy recovery say simplification years expansionistRelated quotes
When one read's Kierkegaard's profound analyses of anxiety and despair or Nietzsche's amazingly acute insights into the dynamics of resentment and the guilt and hostility which accompany repressed emotional powers, one might pinch oneself to realize that one is reading works written in the last century and not some new contemporary psychological analysis.
Rollo May
But the three siblings were not born yesterday. Violet was born more than fifteen years before this particular Wednesday, and Klaus was born approximately two years after that, and even Sunny, who had just passed out of babyhood, was not born yesterday. Neither were you, unless of course I am wrong, in which case welcome to the world, little baby, and congratulations on learning to read so early in life.
Daniel Handler
Sir, it is true that republics have often been cradled in war, but more often they have met with a grave in that cradle. Peace is the interest, the policy, the nature of a popular Government. War may bring benefits to a few, but privation and loss are the lot of the many. An appeal to arms should be the last resort, and only by national rights or national honor can it be justified.
Jefferson Davis
In 5,000 years of recorded human history... neither in the east or in the west... has any society ever defined marriage as anything other than between men and women. Not one in 5000 years of recorded human history. That's an astounding fact and it isn't until the last 12 years or so that we have seen for the first time in recorded human history marriage defined as anything other than between men and between women.
Michele Bachmann
It has been very humbling and gratifying to have these men as our role models... Your generation enabled America to close out the twentieth century as the greatest nation in the history of mankind, the only remaining superpower, the world's leading economy and the world's most respected and feared military force in the world- respected by our friends and allies, feared by our adversaries.
Eric Shinseki
