Long Run Is A Misleading Guide To

Nothing Mattered Except States Of Mind, Chiefly Our Own.

Nor Should The Argument Seem Strange That Taxation May Be So High As To Defeat Its Object, And That, Given Sufficient Time To Gather The Fruits, A Reduction Of Taxation Will Run A Better Chance Than An Increase Of Balancing The Budget.

Successful Investing Is Anticipating The Anticipations Of Others.

All The Political Parties Alike Have Their Origins In Past Ideas And Not In New Ideas And None More Conspicuously So Than The Marxists .

It Is Investment, I.e. The Increased Production Of Material Wealth In The Shape Of Capital Goods, Which Alone Increases National Wealth.