Monday, October 20, 2008

Keynes Warning To The Financial Institutions

This is taken from the book by Peter L. Bernstein Against The Gods.

John Maynard Keynes, the great English economist had predicted today’s financial chaos.

“When the capital development of a country becomes the by-product of the activities of a casino, the job is likely to be ill-done.”

In the coming days I will extract some more interesting extracts from this international bestseller.

Note: The picture used belongs to Richard Styles. To see more of his photographs visit his gallery.

Stumble Upon Toolbar

No comments:

My Library