Amity Shlaes said this quote

“ The phrase 'perception is reality' is overused generally. But perception can be reality in monetary policy. The bond market doesn't act merely on what it sees. It acts on what it expects of the Fed or the government. ”

Famous Quotes of Amity Shlaes

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The big question about the American depression is not whether war with Germany and Japan ended it. It is why the Depression lasted until that war. From 1929 to 1940, from Hoover to Roosevelt, government intervention helped to make the Depression Great.

~ Amity Shlaes

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Anyone who experienced World War I close-hand was grossed out by it forever. It just was so awful.

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Grades can matter, especially for those students and parents who live for the next round of applications to graduate or professional schools. But there's a problem with the grade emphasis. Math or science graduates earn more than students majoring in the humanities.

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The donning of the ear buds marks the beginning of teen life, when children set off on their own for the passage through adolescence.

~ Amity Shlaes

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