“He walked around the Las Vegas casino incredulous at the spectacle before him: seven thousand people, all of whom seem delighted with the world as they found it. A society with deep, troubling economic problems had rigged itself to disguise those problems, and the chief beneficiaries of the deceit were its financial middlemen. How could this be?”

— Michael Lewis , book The Big Short

Source: The Big Short (2010), Chapter Six, Spider-Man At The Venetian, p. 154

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Michael Lewis 40

American writer 1960

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“Sure, we loaned money to build hotels and casinos in Las Vegas. So what? Las Vegas borrowers were good customers.”

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“Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.”

Thomas Sowell (1930) American economist, social theorist, political philosopher and author

“Wherever the chief economic problem is the unjust distribution of land, Christian communism seems to appeal to the masses.”

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Source: Why We Fail as Christians (1919), p. 67-68
Context: His [Tolstoy's] interpretation of the Christian teaching is very similar to that which prevailed in nearly every peasant community in western Europe in the Middle Ages. Like doctrines gave rise to a peasant movement in Armenia in the ninth century, and in the fourteenth; a revolt of the peasants in England resulted from the teaching of the Lollards. The Anabaptists, the Hussites, and many other sects of Christian communists arose in the following centuries. There is a peculiar soil in which these doctrines take root. Wherever the chief economic problem is the unjust distribution of land, Christian communism seems to appeal to the masses.

“Traders and financiers all over the world had been listening to the Chancellor. For months he had said that if he could not stop the wage claims, the country was "facing disaster". Those were his own words. Rightly or wrongly these people believed him. For them, 5th September—the day that the Trades Union Congress unanimously rejected the policy of wage restraint—marked the end of an era. And all these financiers, all the little gnomes in Zurich and the other financial centres about whom we keep on hearing, started to make their dispositions in regard to sterling.”

Harold Wilson (1916–1995) Former Prime Minister of the United Kingdom

Speech in the House of Commons (12 November 1956) http://hansard.millbanksystems.com/commons/1956/nov/12/debate-on-the-address; often quoted as "gnomes of Zürich".

“If each member of society can be induced or impelled to do his allotted task by associating it with some motive that appears to him adequate, then he need never know how he is contributing to the real end, and need not even be aware of the end at all. It is this problem of organization that we shall call the Economic Problem. It is in fact the real subject matter of political economy.”

Ralph George Hawtrey (1879–1975) British economist

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“The Lord replied that he need not worry about that, for even without him the True Faith could probably manage to squeeze along somehow if it had to; """"and as for your figures on the Remnant,"""" He said, """"I don't mind telling you that there are seven thousand of them back there in Israel whom it seems you have not heard of, but you may take My word for it that there they are.""""”

Albert Jay Nock (1870–1945) American journalist

Source: Isaiah's Job (1936), IV
Context: One of the most suggestive episodes recounted in the Bible is that of a prophet's attempt — the only attempt of the kind on the record, I believe — to count up the Remnant. Elijah had fled from persecution into the desert, where the Lord presently overhauled him and asked what he was doing so far away from his job. He said that he was running away, not because he was a coward, but because all the Remnant had been killed off except himself. He had got away only by the skin of his teeth, and, he being now all the Remnant there was, if he were killed the True Faith would go flat. The Lord replied that he need not worry about that, for even without him the True Faith could probably manage to squeeze along somehow if it had to; """"and as for your figures on the Remnant,"""" He said, """"I don't mind telling you that there are seven thousand of them back there in Israel whom it seems you have not heard of, but you may take My word for it that there they are.""""

“All the problems of the world could be settled easily if men were only willing to think. The trouble is that men very often resort to all sorts of devices in order not to think, because thinking is such hard work.”

Nicholas Murray Butler (1862–1947) American philosopher, diplomat, and educator

Attributed to Butler in: American Dental Association (1959) The Journal of the American Dental Association. Vol 59. p. 289

Tom Watson (1874–1956) American businessman

Actually a remark by Nicholas Murray Butler.
Quoted by Watson in comments about "Think" and attributed to Nicholas Murray Butler - IBM Archives: Comments on "THINK" - Transcript https://www-03.ibm.com/ibm/history/multimedia/think_trans.html
Misattributed
Source: American Dental Association (1959) The Journal of the American Dental Association. Vol 59. p. 289.

“It was strange how your world could shift on its axis and everything you trusted could invert itself in what seemed like no time at all.”

Cassandra Clare The City of Lost Souls

Source: City of Lost Souls

“Through Marshall's life and work the Victorian demand for authoritative social doctrine found one of its most important expressions in the Cambridge School of Economics. Maynard Keynes's relationship to that tradition is one of the central themes of this biography. That relationship was never unproblematic, because Marshall's achievement was incomplete. He had shown how the existing moral code could be made to serve society rather than God. But there was nothing in his work to show how it could be altered so as to make it possible for individuals to lead happier or more civilised lives. Marshall himself seems not to have felt any pressure to do so. But Sidgwick had, as had many other thinking Victorians. It was the reorganisation of personal life rather than the reorganisation of society which seemed the urgent problem for the next generation, especially once the soc ail and economic clouds of the 1880s and 1890s had given way to the bright sunlight of the Edwardian age.”

Robert Skidelsky (1939) Economist and author

John Maynard Keynes: 1883-1946: Economist, Philosopher, Statesman (2003), Ch. 2. Cambridge Civilisation: Sidgwick and Marshall

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