Wasn't "Supply and Demand" a simplistic enough explanation for prices? Or is the invisible hand only believable as a good thing, and for bad things we need a more classical, personified scapegoat? When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
I wonder if the role of the optimistic predictions hasn't been to reflect reality, but to create downward pressure on prices.
