In truth, the gold standard is already a barbarous relic.

The avoidance of taxes is the only intellectual pursuit that still carries any reward.

There is no intrinsic reason for the scarcity of capital.

There is nothing so disastrous as a rational investment policy in an irrational world.

But my lord, when we addressed this issue a few years ago, didn't you argue the other side?" He said, "That's true, but when I get more evidence I sometimes change my mind. What do you do?

The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.

[T]he theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of production and distribution of a given output produced under the conditions of free competition and a large measure of laissez-faire.