Genius Is A Rising Stock Market.

No Grant Of Feudal Privilege Has Ever Equaled, For Effortless Return, That Of The Grandparent Who Bought And Endowed His Descendants With A Thousand Shares Of General Motors Or General Electric.

In Fact, The Wage-price Spiral Is The Functional Counterpart Of Unemployment. The Latter Occurs When There Is Insufficient Demand; The Spiral Operates When There Is Too Much And Also,unfortunately, When There Is Just Enough.

A Point Must Be Repeated: Only The Pathological Weakness Of The Financial Memory...allows Us To Believe That The Modern Experience Of....debt...is In Any Way A New Phenomenon.

Faced With Having To Change Our Views Or Prove That There Is No Need To Do So, Most Of Us Immediately Get Busy On The Proof.

Economists Are Economical, Among Other Things, Of Ideas; Most Make Those Of Their Graduate Days Do For A Lifetime.