It Is A Mistake To Think That

This Long Run Is A Misleading Guide To Current Affairs. In The Long Run We Are All Dead. Economists Set Themselves Too Easy, Too Useless A Task If In Tempestuous Seasons They Can Only Tell Us That When The Storm Is Long Past The Ocean Is Flat Again.

Education: The Inculcation Of The Incomprehensible Into The Indifferent By The Incompetent.

Everything Is Always Decided For Reasons Other Than The Real Merits Of The Case

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

The Destruction Of The Inducement To Invest By An Excessive Liquidity-preference Was The Outstanding Evil, The Prime Impediment To The Growth Of Wealth, In The Ancient And Medieval Worlds.