The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom.
Thorstein Veblen, Richard Henry Tawney, John Maynard Keynes (1990). “Thorstein Veblen, R.H. Tawney, John Maynard Keynes”
