Economics Is Extremely Useful As A Form

Preservationists Are The Only People In The World Who Are Invariably Confirmed In Their Wisdom After The Fact.

In Recent Times No Problem Has Been More Puzzling To Thoughtful People Than Why, In A Troubled World, We Make Such Poor Use Of Our Affluence.

Get The Process Of Negotiation Away From The Small Specialized Group That Some People Have Called The "nuclear Theologians" ... Only A Few People Can Understand The Nature Of These Weapons ... This Kept The Whole Discussion To A Very Limited Group Of People Who, In A Way, Had Assumed Responsibility For Saying Whether We Should Live Or Die.

Those Who Had Been Riding The Upward Wave Decide Now Is The Time To Get Out. Those Who Thought The Increase Would Be Forever Find Their Illusion Destroyed Abruptly, And They, Also, Respond To The Newly Revealed Reality By Selling Or Trying To Sell. And Thus The Rule, Supported By The Experience Of Centuries: The Speculative Episode Always Ends Not With A Whimper But With A Bang.

Perhaps Never Before Or Since Have So Many People Taken The Measure Of Economic Prospects And Found Them So Favorable As In The Two Days Following The Thursday [24th October 1929] Disaster.