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We Cannot Have Discipline So We Must Have Pain

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Unbearable Cost

Abstract

I have at least two friends — divorced women in their fifties, intellectuals, with literary and cultural interests — who put their nest eggs into NASDAQ stocks earlier this year. Ouch! Neither of them was rich, nor ever destined to be. Now they will be somewhat less so.

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© 2006 James K. Galbraith

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Galbraith, J.K. (2006). We Cannot Have Discipline So We Must Have Pain. In: Unbearable Cost. Palgrave Macmillan, London. https://doi.org/10.1057/9780230236721_41

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