“Men have been swindled by other men on many occasions. The autumn of 1929 was, perhaps, the first occasion when men succeeded on a large scale in swindling themselves.”

— John Kenneth Galbraith , book The Great Crash, 1929

Source: The Great Crash, 1929 (1954 and 1997 https://openlibrary.org/books/OL25728842M/The_Great_Crash_1929), Chapter VII, Things Become More Serious, Section VIII, p. 130

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John Kenneth Galbraith 207

American economist and diplomat 1908–2006

Giovanni Maria Cecchi (1518–1587) Italian poet, playwright, writer and notary

Per arte e per inganno
Si vive mezzo l’anno;
Per inganno e per arte
Si vive l’altra parte.
L’Esaltazion della Croce, Act IV., Scene IX.
Translation reported in Harbottle's Dictionary of quotations French and Italian (1904), p. 390.

“The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

“Men are seldom more commonplace than on supreme occasions.”

Samuel Butler (1835–1902) novelist

Supreme Occasions
The Note-Books of Samuel Butler (1912), Part XVII - Material for a Projected Sequel to Alps and Sanctuaries

“I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

Letter to John Taylor (28 May 1816) ME 15:23 http://www.britannica.com/presidents/article-9116907
1810s
Context: We may say with truth and meaning that governments are more or less republican, as they have more or less of the element of popular election and control in their composition; and believing, as I do, that the mass of the citizens is the safest depository of their own rights, and especially, that the evils flowing from the duperies of the people are less injurious than those from the egoism of their agents, I am a friend to that composition of government which has in it the most of this ingredient. And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.

“Great men of action never mind on occasion being ridiculous; in a sense it is part of their job.”

Oswald Mosley book My Life

My Life (1968), Ch.12.

“All histories do shew, and wise politicians do hold it necessary that, for the well-governing of every Commonweal, it behoveth man to presuppose that all men are evil, and will declare themselves so to be when occasion is offered.”

Walter Raleigh (1554–1618) English aristocrat, writer, poet, soldier, courtier, spy, and explorer

Source: The Cabinet Council (published 1658), Chapter 25

“Don't wait for extraordinary opportunities. Seize common occasions and make them great. Weak men wait for opportunities; strong men make them.”

Orison Swett Marden (1850–1924) American writer

“Both men were the spiritual children of Voltaire, both had an ironical, sceptical view of life, and a native pessimism overlaid by gaiety; both knew that the existing social order is a swindle and its cherished beliefs mostly delusions.”

George Orwell (1903–1950) English author and journalist

On Mark Twain and Anatole France, in "Mark Twain - The Licensed Jester" in Tribune (26 November 1943); reprinted in The Collected Essays, Journalism and Letters of George Orwell (1968)

“In large-scale strategy, when we see that the enemy has few men, or if he has many men but his spirit is weak and disordered, we knock the hat over his eyes, crushing him utterly. If we crush lightly, he may recover.”

Miyamoto Musashi (1584–1645) Japanese martial artist, writer, artist

Go Rin No Sho (1645), The Fire Book

“The leveling influence of mediocrity and the denial of the supreme importance of the mind's development account for many revolts against family life. There are many occasions when great men are convinced that, in order to fulfill their destinies, they must escape from the warmth and indulgence of their own families.”

André Maurois (1885–1967) French writer

Un Art de Vivre (The Art of Living) (1939), The Art of Family Life

“Men have been swindled by other men on many occasions. The autumn of 1929 was, perhaps, the first occasion when men succeeded on a large scale in swindling themselves.”

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