He Had One Illusion - France; And

The Markets Are Moved By Animal Spirits, And Not By Reason.

Capitalism Is The Extraordinary Belief That The Nastiest Of Men, For The Nastiest Of Reasons, Will Somehow Work For The Benefit Of Us All.

One Blames Politicians, Not For Inconsistency But For Obstinacy. They Are The Interpreters, Not The Masters, Of Our Fate. It Is Their Job, In Fact, To Register The Fact Accompli.

Words Ought To Be A Little Wild, For They Are The Assault Of Thoughts On The Unthinking.

Thus, The Weight Of My Criticism Is Directed Against The Inadequacy Of The Theoretical Foundations Of The Laissez-faire Doctrine Upon Which I Was Brought Up And For Many Years I Taught