What An Extraordinary Episode In The Economic

Investment Based On Genuine Long-term Expectations Is So Difficult Today As To Be Scarcely Practicable.

But Whilst There May Be Intrinsic Reasons For The Scarcity Of Land, There Are No Intrinsic Reasons For The Scarcity Of Capital.

The Great Events Of History Are Often Due To Secular Changes In The Growth Of Population And Other Fundamental Economic Causes, Which, Escaping By Their Gradual Character The Notice Of Contemporary Observers, Are Attributed To The Follies Of Statesmen Or The Fanaticism Of Atheists .

To Our Generation Einstein Has Been Made To Become A Double Symbol - A Symbol Of The Mind Travelling In The Cold Regions Of Space, And A Symbol Of The Brave And Generous Outcast, Pure In Heart And Cheerful Of Spirit.

The Difficulty Lies, Not In The New Ideas, But In Escaping The Old Ones, Which Ramify, For Those Brought Up As Most Of Us Have Been, Into Every Corner Of Our Minds.