In the immediate postwar

In the immediate postwar era, financial crises in advanced countries were rare events, and before 1970 did not happen at all. Since then they have occurred more often, and 2008 was the most damaging of them all to date. If we have moved back to a regime of regular financial crises – like the one … Read more

[talking about the Holocaust]

[talking about the Holocaust] ‘But to put something in context is a step towards saying it can be understood and that it can be explained. And if it can be explained that it can be explained away.’ ‘But this is History. Distance yourselves. Our perspective on the past alters. Looking back, immediately in front of … Read more

The biggest mistake investors

The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that something that was a good investment in the recent past is still a good investment. Typically, high past returns simply imply that an asset has become more expensive and is a poorer, not … Read more

[Our goal] is to

[Our goal] is to help revive America’s traditional values: faith, family, neighborhood, work and freedom. Government has no business enforcing these values but neither must it seek, as it did in the recent past, to suppress or replace them. That only robbed us of our tiller and set us adrift. Helping to restore these values will bring new strength, direction and dignity to our lives and to the life of our nation. It’s on these values that we’ll best build our future.
Ronald Reagan