Famous quotes containing the words financial, institution and/or crisis:
“A theory of the middle class: that it is not to be determined by its financial situation but rather by its relation to government. That is, one could shade down from an actual ruling or governing class to a class hopelessly out of relation to government, thinking of gov’t as beyond its control, of itself as wholly controlled by gov’t. Somewhere in between and in gradations is the group that has the sense that gov’t exists for it, and shapes its consciousness accordingly.”
—Lionel Trilling (1905–1975)
“Next to the right of liberty, the right of property is the most important individual right guaranteed by the Constitution and the one which, united with that of personal liberty, has contributed more to the growth of civilization than any other institution established by the human race.”
—William Howard Taft (1857–1930)
“Most observers of the French Revolution, especially the clever and noble ones, have explained it as a life-threatening and contagious illness. They have remained standing with the symptoms and have interpreted these in manifold and contrary ways. Some have regarded it as a merely local ill. The most ingenious opponents have pressed for castration. They well noticed that this alleged illness is nothing other than the crisis of beginning puberty.”
—Novalis [Friedrich Von Hardenberg] (1772–1801)