A Big Cigar In A Young Face

When Young, You're Shocked By The Number Of People Who Turn Out To Have Feet Of Clay. Older, You're Surprised By The Number Of People Who Don't.

Experts Kill Me. Economic Experts, That Is. Corporations, Foundations, Publications And Governments Pay Them By The Bucketful, And They Fill Buckets With Forecasts That Change More Frequently Than White-collar, Workers Do Shirts. What Lies Ahead Is The Usual Title. What Lies Would Often Be More Appropriate. If Women's Hemlines Changed As Rapidly As An Economist's Forecasts, The Fashion People And The Textile Industry Would Be More Profitable Than Any Other. In Fact, If All The Country's Economists Were Laid End To End, They Still Wouldn't Reach A Conclusion.

In All The Thrashing About That Results From Our Dwindling Gold Reserves, It's About Time That This Country And Other Countries Get Some Perspective On The Situation. The Day This Country Is Out Of The Stuff, That Day Gold Becomes What It's Worth As A Metal And No Longer Will Have Much Significance As A Monetary Measurement. It Isn't The Gold We Have That Makes This Nation Rich. It's What We Make, Our Knowhow, Our Productivity. So Long As This Country Produces More And Better, The World Will Continue To Want What We Make.

One Cannot Walk Into An April Day In A Negative Way. With Spring, Each Man's Plans And Hopes Result In New Efforts, Fresh Actions. All Of Which Has A Mighty Important Bearing On The Economy. There Are Those Of Us Who Think That The Psychology Of Man, Each And Together, Has More Impact On Markets, Business, Services And Building And All The Fabric Of An Economy Than All The More Measurable Statistical Indices.

If You Do Not Know What You're Doing Stacked On His Desk, A Dozen Colleagues Initially Sticks With A Large Number Of Papers And Pass Them. In Case Of Doubt, The Way In.