“The stock market was created by the telegraph and the telephone, and its panics are engineered by carefully orchestrated stories in the press.”
Source: 1960s, Counterblast (1969), p. 106
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Marshall McLuhan 416
Canadian educator, philosopher, and scholar-- a professor … 1911–1980Related quotes

Source: The Lady and The Tycoon: Letters of Rose Wilder Lane and Jasper Crane (1973), pp. 332-333 (letter July 13, 1963)

“The stock market is not the economy, and the economy is not the stock market.”
repeatedly on his radio program " Marketplace APM https://www.marketplace.org/2019/09/30/the-stock-market-is-not-the-economy/" (September 2019)

“The telegraph press mosaic is acoustic space as much as an electric circus.”
1970s, Culture Is Our Business (1970)

“The story of your brain on music is the story of an exquisite orchestration of brain regions”
This is Your Brain on Music (2006)
Context: The story of your brain on music is the story of an exquisite orchestration of brain regions, involving both the oldest and newest parts of the human brain, and regions as far apart as the cerebellum in the back of the head and the frontal lobes just behind your eyes. It involves a precision choreography... between logical prediction systems and emotional reward systems.... it reminds us of other music we have heard, and it activates memory traces of emotional times of our lives. Your brain on music is all about... connections.

Source: Debunking Economics - The Naked Emperor Of The Social Sciences (2001), Chapter 10, The Price Is Not Right, p. 216
Source: The Theory of Gambling and Statistical Logic (Revised Edition) 1977, Chapter Nine, Weighted Statistical Logic And Statistical Games, p. 299