Ideas Shape The Course Of

If I Am Right In Supposing It To Be Comparatively Easy To Make Capital-goods So Abundant That The Marginal Efficiency Of Capital Is Zero, This May Be The Most Sensible Way Of Gradually Getting Rid Of Many Of The Objectionable Features Of Capitalism.

The Duty Of "saving" Became Nine-tenths Of Virtue And The Growth Of The Cake The Object Of True Religion.

Investing Is An Activity Of Forecasting The Yield Over The Life Of The Asset; Speculation Is The Activity Of Forecasting The Psychology Of The Market.

Dangerous Acts Can Be Done Safely In A Community Which Thinks And Feels Rightly, Which Would Be The Way To Hell If They Were Executed By Those Who Think And Feel Wrongly.

If, However, A Government Refrains From Regulations And Allows Matters To Take Their Course, Essential Commodities Soon Attain A Level Of Price Out Of The Reach Of All But The Rich, The Worthlessness Of The Money Becomes Apparent, And The Fraud Upon The Public Can Be Concealed No Longer.