Lift Quotes - page 13
I imagine that as one penetrated out from some enormous forest of the tropics, the wild beasts would become fewer, the gloom would lighten, and the horror of the place would slowly lift. Yet as one emerges nearer to the edge of London, and nearer to the beautiful influence of the hills, the houses become uglier, the streets viler, the gloom deepens, the errors of civilisation stand bare to the scorn of the fields.
Where ugliness reaches the height of its luxuriance, in the dense misery of the place, where one imagines the builder saying, "Here I culminate. Let us give thanks to Satan," there is a bridge of yellow brick, and through it, as through some gate of filigree silver opening on fairyland, one passes into the country.
Lord Dunsany
Since the 1980s, the American business cycle has been based on financial and credit bubbles, and therefore on the enrichment, through the capital markets, of a very small number of people in a very few places. Truly we have become a 'trickle-down economy' - as we were not before. A rising tide may lift all boats, but recent business cycles have been more like waves, whereby certain sectors and areas ride the peaks before crashing to the shore. This is a sign, surely, not of the social evil of inequality per se but of the instability of bubble economies, closely associated with inequality of income, wealth, and power, for which we now pay a fearsome price.
James K. Galbraith