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Prosperity ends in a crisis. The era of optimism dies in the crisis, but in dying it gives birth to an era of pessimism. This new era is born, not an infant, but a giant; for an industrial boom has necessarily been a period of strong emotional excitement, and an excited man passes from one form of excitement to another more rapidly than he passes to quiescence. Under the new error, business is unduly depressed.
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As quoted in Business Cycles : The Problem and Its Setting (1927) by Wesley Clair Mitchell, p. 19

 

Arthur Cecil Pigou

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Have not many of us, in the weary way of life, felt, in some hours, how far easier it were to die than to live?
The martyr, when faced even by a death of bodily anguish and horror, finds in the very terror of his doom a strong stimulant and tonic. There is a vivid excitement, a thrill and fervor, which may carry through any crisis of suffering that is the birth-hour of eternal glory and rest.
But to live, — to wear on, day after day, of mean, bitter, low, harassing servitude, every nerve dampened and depressed, every power of feeling gradually smothered, — this long and wasting heart-martyrdom, this slow, daily bleeding away of the inward life, drop by drop, hour after hour, — this is the true searching test of what there may be in man or woman.

 

Harriet Beecher Stowe

 

When an individual passes from one period of life to another a time comes when he cannot go on in senseless activity and excitement as before, but has to understand that although he has out-grown what before used to direct him, this does not mean that he must live without any reasonable guidance, but rather that he must formulate for himself an understanding of life corresponding to his age, and having elucidated it must be guided by it. And in the same way a similar time must come in the growth and development of humanity.

 

Leo Tolstoy

 

What is it that passes for religion? In some countries magic passes for religion, and that is one thing I wish, in view particularly of the ethnic faiths, could be made very prominent— that religion is not magic. I am very sure that in many countries it is supposed to be so. You do something that will bring you good luck. It is for the interests of the priesthood to cherish that idea. Of course the idea of advantage in this life and in another life is very strong, and rightly very strong in all human breasts. Therefore, it is for the advantage of the priesthoods to make it to be supposed that they have in their possession certain tricks, certain charms, which will give you either some particular prosperity in this world or possibly the privilege of immortal happiness. Now, this is not religion. This is most mischievous irreligion, and I think this Parliament should say, once for all, that the name of God and the names of his saints are not things to conjure with.

 

Julia Ward Howe

 

Of all ridiculous things, it seems to me the most ridiculous is to be a busy man of affairs, prompt to meals, and prompt to work. Hence when I see a fly settle down in a crucial moment on the nose of a business man, or see him bespattered by a carriage which passes by him in even greater haste, or a drawbridge opens before him, or a tile from the roof falls down and strikes him dead, then I laugh heartily. And who could help laughing? What do they accomplish, these hustlers? Are they not like the housewife, when her house was on fire, who in her excitement saved the fire-tongs? What more do they save from the great fire of life?

 

Soren Aabye Kierkegaard

 

Earlier generations went to see what was forbidden in life and developed a real excitement about the movies. Today’s rating system keeps kids out of the good ones. I wouldn’t want them to see movies like Natural Born Killers, but my tendency is you’re better off seeing things than not. That glazed indifference kids develop can be worse than over-excitement.

 

Pauline Kael