The Individual Serves The Planning System Not

Men Have Been Swindled By Other Men On Many Occasions. The Autumn Of 1929 Was, Perhaps, The First Occasion When Men Succeeded On A Large Scale In Swindling Themselves.

The Modern Conservative Is Engaged In One Of Man's Oldest Exercises In Moral Philosophy; That Is, The Search For A Superior Moral Justification For Selfishness.

There Is An Enormous Thrust In Our Time To Have A Simple Answer. And That Simple Answer Is That All Depends On Alan Greenspan And The Federal Reserve. And Alan, Who Is An Old Acquaintance Of Mine, Is A Marvelous Performer In The Impression He Gives Of Enormously Great Perception.

While It Will Be Desirable To Achieve Planned Results, It Will Be Even More Important To Avoid Unplanned Disasters.

Even In Such A Time Of Madness As The Late Twenties, A Great Many Man In Wall Street Remained Quite Sane. But They Also Remained Very Quiet. The Sense Of Responsibility In The Financial Community For The Community As A Whole Is Not Small. It Is Nearly Nil. Perhaps This Is Inherent. In A Community Where The Primary Concern Is Making Money, One Of The Necessary Rules Is To Live And Let Live. To Speak Out Against Madness May Be To Ruin Those Who Have Succumbed To It. So The Wise In Wall Street Are Nearly Always Silent. The Foolish Thus Have The Field To Themselves. None Rebukes Them.