In All Life One Should Comfort The

Poverty" Pitt Exclaimed "is No Disgrace But It Is Damned Annoying." In The Contemporary United States It Is Not Annoying But It Is A Disgrace.

It Is Possible That People Need To Believe They Are Unmanaged If They Are To Be Managed Effectively.

Broadly Speaking, Keynesianism Means That The Government Has A Specific Responsibility For The Behavior Of The Economy, That It Doesn't Work On Its Own Autonomous Course, But The Government, When There's A Recession, Compensates By Employment, By Expansion Of Purchasing Power, And In Boom Times Corrects By Being A Restraining Force. But It Controls The Great Flow Of Demand Into The Economy, What Since Keynesian Times Has Been The Flow Of Aggregate Demand. That Was The Basic Idea Of Keynes So Far As One Can Put It In A Couple Of Sentences.

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.

It's Much Easier To Point Out The Problem Than It Is To Say Just How It Should Be Solved.