Monetary Policy Suffers From The Unfortunate Absence

If You're Rich You Can Buy Books. If You're Poor, You Need A Library.

While It Will Be Desirable To Achieve Planned Results, It Will Be Even More Important To Avoid Unplanned Disasters.

We Are Becoming The Servants In Thought, As In Action Of The Machine We Have Created To Serve Us.

But Now, As Throughout History, Financial Capacity And Political Perspicacity Are Inversely Correlated.

World War Ii Revealed Two Of The Enduring Features Of The Keynesian Revolution. One Was The Moral Difference Between Spending For Welfare And Spending For War. During The Depression Very Modest Outlays For The Unemployed Seemed Socially Debilitating, Economically Unsound. Now Expenditures Many Times Greater For Weapons And Soldiers Were Perfectly Safe. It's A Difference That Still Persists.