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Felix Somary
Reference material by Wikiquote contributors. This retains its source identity and is not 411 news reporting.
Felix Somary (21 November 1881 – 11 July 1956) was a Swiss banker, economist, and commentator known as The Raven of Zurich.
Quotes
There is a remarkable tendency in our time: when we require some ideas to solve a problem, we establish an organization instead. The organization is of no practical help, in fact it increases the confusion, does not do what it should, creates a growing bureaucracy that then becomes an end in itself; and finally goes on existing long after the entire world has forgotten when and why the organization was ever established.
Quoted in Tobias Straumann, 1931: Debt, Crisis, and the Rise of Hitler (2019), p. 36; originally from Felix Somary, The Raven of Zürich: The Memoirs of Felix Somary (1986).
External links
Category:1881 births
Category:1956 deaths
Category:Economists from Switzerland