fix articles 112654, herbert a. simon
The Abiding Economics of John Kenneth Galbraith (tags)
From The Great Crash, we have of course the conviction that financial panics affect real activity. No one in the 19th century or with experience of agriculture ever seriously doubted that the economy runs on credit or that real activity depends on banks. Only in the higher reaches of academic life could such a thing be denied.
Perhaps if the world's Muslims could invest more in normal education and less in blaming The Jews for all their problems, we could all live in a better world.