John Pierpont Morgan

One can relish the varied idiocy of human action during a panic to the full, for while it is a time of great tragedy, nothing is being lost but money

— John Kenneth Galbraith, on the Crash of 1929

Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it

— Ronald Reagan
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