September 16, 2008
an extraordinary episode
Financial Crisis, History & Society, In Other Words
(Reflections on the first era of true globalization, complete with bountiful trade, unparalleled upward mobility, liquid labor markets, secure international travel, and a blissful ignorance of the fragility of this new 20th Century World Order…)
Excerpt from Economic Consequences of the Peace by John Maynard Keynes, 1919
What an extraordinary episode in the economic progress of man [...]
Filed by The Editor on September 16th, 2008