John Kenneth Galbraith Quote

Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term crisis was normally employed. With time, however, this acquired the connotation of the misfortune it described.


Chapter 4, Section IV, p. 45 - The Affluent Society (1958)


Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term...

Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term...

Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term...

Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term...