“Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term crisis was normally employed. With time, however, this acquired the connotation of the misfortune it described.”

Source: The Affluent Society (1958), Chapter 4, Section IV, p. 45

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John Kenneth Galbraith 207
American economist and diplomat 1908–2006

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