Source: The (Mis)Behavior of Markets (2004, 2008), Ch. 13, p. 254–255
Context: It is beyond belief that we know so little about how people get rich or poor, about how it is they come to dwell in comfort and health or die in penury and disease. Financial markets are the machines in which much of human welfare is decided; yet we know more about how our car engines work than about how our global financial system functions. We lurch from crisis to crisis. In a networked world, mayhem in one market spreads instantaneously to all others—and we have only the vaguest of notions how this happens, or how to regulate it. So limited is our knowledge that we resort, not to science, but to shamans. We place control of the world's largest economy in the hands of a few elderly men, the central bankers.
“We are not rich people. We are poor people. But with the word that we have been taught by the Honorable Elijah Muhammad, as espoused by Minister Alim, that miraculous result was brought about and so the city council should be commended for recognizing that effort.”
The Washington Post Interview (March 3, 1990)
Help us to complete the source, original and additional information
Louis Farrakhan 16
leader of the Nation of Islam 1933Related quotes
Remarks by el-Sisi during celebrating the night of El-Kadr on 25 July 2014 https://www.youtube.com/watch?v=y6d_ln9MQHk.
2014
(from vol 1, letter 28: 4 Oct 1775, to Miss L___ ) [sadly, little Lydia Sancho died in 1776]
Speech http://hansard.millbanksystems.com/commons/1988/mar/21/budget-resolutions-and-economic-situation in the House of Commons (21 March 1988)
"The Peacefulness of Being at War." in The New Republic (11 September 1915), p. 152 http://fair-use.org/the-new-republic/1915/09/11/the-peacefulness-of-being-at-war.
Context: Better that the nation grow poor for a cause we can honor, than grow rich for an end that is unknown. Who can regard without deep misgiving the process of accumulating wealth unaccompanied by a corresponding growth of knowledge as to the uses to which wealth must be applied? This is what we see in normal times, and the spectacle is profoundly disturbing. Far less disturbing at all events is that process of spending the wealth which we have now to witness.
Source: Public Finance - International Edition - Sixth Edition, Chapter 18, Deficit Finance, p. 435
From a speech given to the Organization of African Unity on 29 July 1987 https://www.marxists.org/archive/sankara/1987/july/29.htm