A Study Of The History Of Opinion

An Investor Who Proposes To Ignore Near-term Market Fluctuations Needs Greater Resources For Safety And Must Not Operate On So Large A Scale, If At All, With Borrowed Money.

Practical Men Who Believe Themselves To Be Quite Exempt From Any Intellectual Influence, Are Usually The Slaves Of Some Defunct Economist. Madmen In Authority, Who Hear Voices In The Air, Are Distilling Their Frenzy From Some Academic Scribbler Of A Few Years Back

Galton's Eccentric, Sceptical, Observing, Flashing, Cavalry-leader Type Of Mind Led Him Eventually To Become The Founder Of The Most Important, Significant And, I Would Add, Genuine Branch Of Sociology Which Exists, Namely Eugenics.

I Find Myself More And More Relying For A Solution Of Our Problems On The Invisible Hand Which I Tried To Eject From Economic Thinking Twenty Years Ago.

Capitalism Is The Extraordinary Belief That The Nastiest Of Men, For The Nastiest Of Reasons, Will Somehow Work For The Benefit Of Us All.