Never In History Was There A Method

When The Facts Change, I Change My Mind.

Logic , Like Lyrical Poetry , Is No Employment For The Middle-aged

If The Treasury Were To Fill Old Bottles With Bank-notes, Bury Them At Suitable Depths In Disused Coal-mines Which Are Then Filled Up To The Surface With Town Rubbish, And Leave It To Private Enterprise On Well-tried Principles Of Laissez-faire To Dig The Notes Up Again (the Right To Do So Being Obtained, Of Course, By Tendering For Leases Of The Note-bearing Territory), There Need Be No More Unemployment And, With The Help Of Repercussions, The Real Income Of The Community, And Its Capital Wealth, Would Probably Become A Good Deal Greater Than It Actually Is.

Economists Must Leave To Adam Smith Alone The Glory Of The Quarto, Must Pluck The Day, Fling Pamphlets Into The Wind, Write Always Sub Specie Temporis , And Achieve Immortality By Accident, If At All.

Worldly Wisdom Teaches That It Is Better For Reputation To Fail Conventionally Than To Succeed Unconventionally.