Nothing So Weakens Government As Persistent Inflation.

Decision Has Greater Virtue And Force If Taken After There Has Been Eloquent Dissent.

The Line Dividing The State From What Is Called Private Enterprise, Orat Least Fromthehighlyorganized Part Of It, Is A Traditional Fiction.

It Was Not Hard To Persuade People That The Market Was Sound; As Always In Such Times They Asked Only That The Dispiriting Voices Of Doubt Be Muted And That There Should Be Tolerably Frequent Expressions Of Confidence.

Much Literary Criticism Comes From People For Whom Extreme Specialization Is A Cover Either For Grave Cerebral Inadequacy Or Terminal Laziness, The Latter Being A Much-cherished Aspect Of Academic Freedom.

The Study Of Money, Above All Other Fields In Economics, Is One In Which Complexity Is Used To Disguise Truth Or To Evade Truth, Not To Reveal It. The Process By Which Banks Create Money Is So Simple The Mind Is Repelled.