Conscience Is Better Served By A Myth.

Inventions That Are Not Made, Like Babies That Are Not Born, Are Rarely Missed.

If Anything Is Evident About People Who Manage Money, It Is That The Task Attracts A Very Low Level Of Talent, One That Is Protected In Its Highly Imperfect Profession By The Mystery That Is Thought To Enfold The Subject Of Economics In General And Of Money In Particular.

The Commencement Speech Is Not, I Think, A Wholly Satisfactory Manifestation Of Our Culture.

However, It Is Safe To Say That At The Peak In 1929 The Number Of Active Speculators Was Less - And Probably Was Much Less - Than A Million.

Economics Is Extremely Useful As A Form Of Employment For Economists.