Quote of the day
What is exhilarating in bad taste is the aristocratic pleasure of giving offense.
James Duesenberry
Born: July 18, 1918
Died: October 5, 2009 (aged 91)
Bio: James Stemble Duesenberry was an American economist. He made a significant contribution to the Keynesian analysis of income and employment with his 1949 doctoral thesis Income, Saving and the Theory of Consumer Behavior.