Everything Is Always Decided For Reasons Other

The Boom, Not The Slump, Is The Right Time For Austerity At The Treasury.

Never In History Was There A Method Devised Of Such Efficacy For Setting Each Country's Advantage At Variance With Its Neighbours' As The International Gold (or, Formerly, Silver) Standard.

Government Machinery Has Been Described As A Marvelous Labor Saving Device Which Enables Ten Men To Do The Work Of One.

In A Regime Of Free Trade And Free Economic Intercourse It Would Be Of Little Consequence That Iron Lay On One Side Of A Political Frontier, And Labour, Coal, And Blast Furnaces On The Other. But As It Is, Men Have Devised Ways To Impoverish Themselves And One Another; And Prefer Collective Animosities To Individual Happiness.

It Is Not The Ownership Of The Instruments Of Production Which It Is Important For The State To Assume. If The State Is Able To Determine The Aggregate Amount Of Resources Devoted To Augmenting The Instruments And The Basic Rate Of Reward To Those Who Own Them, It Will Have Accomplished All That Is Necessary. Moreover, The Necessary Measures Of Socialization Can Be Introduced Gradually And Without A Break In The General Traditions Of Society.