What is the most famous quote by Charles P. Kindleberger ?
The period of financial distress is a gradual decline after the peak of a speculative bubble that precedes the final and massive panic and crash, driven by the insiders having exited but the sucker outsiders hanging on hoping for a revivial, but finally giving up in the final collapse.— Charles P. Kindleberger
The most off-limits Charles P. Kindleberger quotes that will inspire your inner self
Following is a list of the best Charles P. Kindleberger quotes, including various Charles P. Kindleberger inspirational quotes, and other famous sayings by Charles P. Kindleberger.
Much of the profession is empirically bankrupt because it is no longer taught economic history.
The first derivative is the last refuge of a scoundrel.
The propensity to swindle grows parallel with the propensity to speculate during a boom the implosion of an asset price bubble always leads to the discovery of frauds and swindles
Money is a public good; as such, it lends itself to private exploitation.
There is nothing so disturbing to one's well-being and judgment as to see a friend get rich