Apparatchik
described one as "a man not of grand plans, but of a hundred carefully executed details." It is often considered a derogatory term, with negative connotations in terms of the quality, competence, and attitude of a person thus described.
J. K. Galbraith.
described one as "a man not of grand plans, but of a hundred carefully executed details." It is often considered a derogatory term, with negative connotations in terms of the quality, competence, and attitude of a person thus described.
The Great Bond Malinvestment Bubble.
There can be few fields of human endeavour in which history counts for so little as in the world of finance. Past experience, to the extent that it is part of memory at all, is dismissed as the primitive refuge of those who do not have the insight to appreciate the incredible wonders of the present.
J. K. Galbraith.
“It is difficult not to marvel at the imagination which was implicit in this gargantuan insanity. If there must be madness something may be said for having it on a heroic scale."
J. K. Galbraith. The Great Crash: 1929.
J. K. Galbraith. The Great Crash: 1929.
