Sunday, October 26, 2008

Crisis Investing by Douglas Casey - Quotations

Crisis Investing for the Rest of the '90s. Douglas Casey. 1995. ISBN 978-0806516127

Lord Byron
Ready money is Aladdin's Lamp.

Jean-Francois Revel
Authoritarian socialism has failed almost everywhere, but you will not find a single Marxist who will say it has failed because it was wrong or impractical. He will say it has failed because nobody went far enough with it. So failure never proves a myth is wrong.

Paul Samuelson (Nobel laureate, in 1989)
The Soviet economy is proof that, contrary to what many skeptics had earlier believed, a socialist command economy can function and even thrive.

Mark Skousen
Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state is a complete failure of civilization, while a totally voluntary society is its ultimate success.

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