Tam Le

“Under the tutelage of their economic counselors, political leaders manipulate discount rates and the money supply with all the confidence of space scientists at Cape Kennedy pushing the buttons and throwing the switches which guide rocket ships to the moon.”
― E.F. Schumacher, Small Is Beautiful: Economics As If People Mattered

“Toward the end of his presidency, he gave one of his most famous speeches, diagnosing a crisis of confidence in the country and attacking materialism as the cause: "In a nation that was proud of hard work, strong families, close-knit communities, and our faith in God, too many of us now tend to worship self-indulgence and consumption.”
― E.F. Schumacher, Small Is Beautiful: Economics As If People Mattered

“The whole intellectual edifice collapsed in the summer of last year because the data inputted into the risk management models generally covered only the last two decades, a period of euphoria.”
― E.F. Schumacher