Wisdom... Is Often An Abstraction Associated Not

Financial Operations Do Not Lend Themselves To Innovation. What Is Recurrently So Described And Celebrated Is, Without Exception, A Small Variation On An Established Design . . . The World Of Finance Hails The Invention Of The Wheel Over And Over Again, Often In A Slightly More Unstable Version.

Over The Span Of Man's History, Although A Phenomenal Amount Of Education, Persuasion, Indoctrination And Incantation Have Been Devoted To The Effort, Ordinary People Have Never Been Quite Persuaded That Toil Is As Agreeable As Its Alternatives. Thus To Take Increased Well-being Partly In The Form Of More Goods And Partly In The Form Of More Leisure Is Unquestionably Rational.

It Is My Guiding Confession That I Believe The Greatest Error In Economics Is In Seeing The Economy As A Stable, Immutable Structure.

Wealth Is Not Without Its Advantages And The Case To The Contrary, Although It Has Often Been Made, Has Never Proved Widely Persuasive.

The Huge Capacity To Purchase Submission That Goes With Any Large Sum Of Money, Well, This We Have. This Is A Power Of Which We Should All Be Aware.