“It was in 1926 that John Maynard Keynes wrote his now famous essay "The End of Laissez-Faire." Since then, history has evolved through the Great Depression, "hot" and cold wars, the establishment of the Bretton woods regime, suspension of convertibility of the US dollar into gold, oil shocks, and the information and telecommunications revolution. The situation at the end of the 20th century seems to be quite similar to that of the late 1920s, having come full circle.”
The End of Market Fundamentalism (1999)
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Eisuke Sakakibara4
Japanese economist and critic 1941Related quotes
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