The Boxers believed that after one hundred days of training in martial arts they would be impervious to bullets. After three hundred days they would be able to fly.
The Bolsheviks promised their supporters ‘Peace, Bread and Power to the Soviets’. Peace turned out to mean abject capitulation.
South Slav (Yugoslav)
Soros regards himself as more a philosopher than a hit man. His book The Alchemy of Finance (1987) begins with a bold critique of the fundamental assumptions of economics as a subject,
Some of the network graphs that Able Danger produced were twenty feet long and almost wholly unintelligible because the print was so small.8 Krebs himself concluded that there would be no substitute f...
Significantly, Smith singled out its socially regressive character. First, wages for the majority of people were miserably low: Though the wealth of a country should be very great, yet if it has been...
Si la espada cae sobre Estados Unidos al cabo de ochenta años, la hipocresía levanta la cabeza lamentándose de la muerte de esos asesinos que han hollado la sangre, el honor y los lugares sagrados de...
Portuguese craftsmen such as Agostinho de Goes Raposo, Francisco Gois and João Dias perfected the construction of nautical instruments. The Portuguese caravel – and its successors the great nau (1480)...
Or, to reassure the bond market, does it cut expenditures in some other area, upsetting voters or vested interests? Or does it try to reduce the deficit by raising taxes?
Me estremezco al pensar en cuál ha de ser el resultado de una lucha entre sistemas tan distintos; uno de nosotros ha de prevalecer y el otro será destruido, en cualquier caso no podemos existir ambos...
Latin American republics were among the first to discover that it was relatively painless to default when a substantial proportion of bondholders were foreign.
La carrera de Morgan es el clásico ejemplo del modo como se inició el imperio británico, empleando a individuos emprendedores así como fuerzas regulares.
It nevertheless remains true that, in most countries for which long-run data are available, stocks have out-performed bonds – by a factor of roughly five over the twentieth century.
In 1800 seven out of the world’s ten biggest cities had still been Asian, and Beijing had still exceeded London in size. By 1900, largely as a result of the Industrial Revolution, only one of the bigg...
If our ancestors had cared for the rights of other people,’ he had reminded his Cabinet colleagues in 1878, ‘the British Empire would not have been made.
I would feel happier about professions of high moral principles if they did not so frequently coincide with a policy of minimum risk.189
Financial market data – specifically, movements in the prices of government bonds – strongly reinforce the impression that the war came as a surprise to the people who had the biggest incentive to ant...
European sense. No one can predict how it will end because there is no precedent for it.
Conceptio culpa Nasci pena Labor vita Necesse mori ‘Conception is sin, birth is pain, life is toil, death is inevitable.
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