The Most Valuable Of All Capital Is

The Price Of Every Thing Rises And Falls From Time To Time And Place To Place; And With Every Such Change The Purchasing Power Of Money Changes So Far As That Thing Goes.

The Commercial Storm Leaves Its Path Strewn With Ruin. When It Is Over There Is Calm, But A Dull, Heavy Calm.

Though A Simple Book Can Be Written On Selected Topics, The Central Doctrines Of Economics Are Not Simple And Cannot Be Made So.

Knowledge Is Our Most Powerful Engine Of Production.

I Admit That These Terms And The Diagrams Connected With Them Repel Some Readers, And Fill Others With The Vain Imagination That They Have Mastered Difficult Economics Problems, When Really They Have Done Little More Than Learn The Language In Which Parts Of Those Problems Can Be Expressed, And The Machinery By Which They Can Be Handled. When The Actual Conditions Of Particular Problems Have Not Been Studied, Such Knowledge Is Little Better Than A Derrick For Sinking Oil-wells Erected Where There Are No Oil-bearing Strata.