Of All Classes The Rich Are The

Then Came The Second Amsterdam Discovery, Although The Principle Was Known Elsewhere. Bank Deposits...did Not Need To Be Left Idly In The Bank. They Could Be Lent. The Bank Then Got Interest. The Borrower Then Had A Deposit That He Could Spend. But The Original Deposit Still Stood To The Credit Of The Original Depositor. That Too Could Be Spent. Money, Spendable Money, Had Been Created. Let No One Rub His Or Her Eyes. It's Still Being Done-every Day. The Creation Of Money By A Bank Is As Simple As This, So Simple, I've Often Said, That The Mind Is Slightly Repelled.

Technology, Under All Circumstances, Leads To Planning; In Its Higher Manifestations It May Put The Problems Of Planning Beyond The Reach Of The Industrial Firm. Technological Compulsions, And Not Ideology Or Political Will, Will Require The Firm To Seek The Help And Protection Of The State.

Getting On The Cover Of Time Guarantees The Existence Of Opposition In The Future.

There's No Question That In My Lifetime, The Contrast Between What I Called Private Affluence And Public Squalor Has Become Very Much Greater. What Do We Worry About? We Worry About Our Schools. We Worry About Our Public Recreational Facilities. We Worry About Our Law Enforcement And Our Public Housing. All Of The Things That Bear Upon Our Standard Of Living Are In The Public Sector.

One Of My Greatest Pleasures In My Writing Has Come From The Thought That Perhaps My Work Might Annoy Someone Of Comfortably Pretentious Position. Then Comes The Realization That Such People Rarely Read.