Nothing In Our Time Is More Interesting

Faced With Having To Change Our Views Or Prove That There Is No Need To Do So, Most Of Us Immediately Get Busy On The Proof.

It Was Not Hard To Persuade People That The Market Was Sound; As Always In Such Times They Asked Only That The Dispiriting Voices Of Doubt Be Muted And That There Should Be Tolerably Frequent Expressions Of Confidence.

The Genius Of The Industrial System Lies In Its Organized Use Of Capital And Technology. This Is Made Possible, As We Have Duly Seen, By Extensively Replacing The Market With Planning.

We Have A Swarm Of People In The Stock Market - Not Out Of Knowledge, Not Out Of Expectation, But Out Of Basically A Gambling Instinct, The Hope That Prices Will Go Up.

Agreeable As It Is To Know Where One Is Proceeding, It Is Far More Important To Know Where One Has Arrived.