John Burns Quotes


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He was discussing his unprecedented steps that as Federal Reserve Chairman he took to cope with the Great Recession after the Meltdown of 2008. He had, as a graduate doctoral student, studied the economic history of the Great Depression of 1929 and the government attempts to ameliorate some of the effects. He was one of the few people in government who had this historical perspective.


John Burns
John Burns
  • Born: October 20, 1858
  • Died: January 24, 1943
  • Nationality: English
  • Profession: Activist

John Elliot Burns was an English trade unionist and politician, particularly associated with London politics and Battersea. He was a socialist and then a Liberal Member of Parliament and Minister. He was anti-alcohol and a keen sportsman. After retiring from politics, he developed an expertise in London history and coined the phrase "The Thames is liquid history". When the Liberal cabinet made a decision for war on 2 August 1914, he resigned and played no further role in politics.