All Crises Have Involved Debt That, In

Men Have Been Swindled By Other Men On Many Occasions. The Autumn Of 1929 Was, Perhaps, The First Occasion When Men Succeeded On A Large Scale In Swindling Themselves.

The Stock Market Is But A Mirror Which Provides An Image Of The Underlying Or Fundamental Economic Situation. Cause And Effect Run From The Economy To The Stock Market, Never The Reverse. In 1929 The Economy Was Headed For Trouble. Eventually That Trouble Was Violently Reflected In Wall Street.

No Solution [to The Problem Of Poverty] Is So Effective As Providing Income To The Poor. Whether In The Form Of Food, Housing, Health Services, Education Or Money, Income Is An Excellent Antidote For Deprivation. No Truth Has Spawned So Much Ingenious Evasion.

There Is Wonder And A Certain Wicked Pleasure In These Giddy Ascents And Terrible Falls, Especially As They Happen To Other People.

It Takes Some Skill To Spoil A Breakfast - Even The English Can't Do It.