Ideas Shape The Course Of History.

The Forces Of The Nineteenth Century Have Run Their Course And Are Exhausted.

Of The Maxims Of Orthodox Finance None, Surely, Is More Anti-social Than The Fetish Of Liquidity, The Doctrine Of That It Is A Positive Virtue On The Part Of Investment Institutions To Concentrate Their Resources Upon The Holding Of 'liquid' Securities. It Forgets That There Is No Such Thing As Liquidity Of Investment For The Community As A Whole.

The Great Events Of History Are Often Due To Secular Changes In The Growth Of Population And Other Fundamental Economic Causes, Which, Escaping By Their Gradual Character The Notice Of Contemporary Observers, Are Attributed To The Follies Of Statesmen Or The Fanaticism Of Atheists .

Ideas, Knowledge, Art, Hospitality, Travel - These Are Things Which Should In Their Nature Be International. But Let Goods Be Homespun Whenever It Is Reasonably And Conveniently Possible And Above All Let Finance Be Primarily National.

Capitalism Is The Astounding Belief That The Most Wickedest Of Men Will Do The Most Wickedest Of Things For The Greatest Good Of Everyone.