When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done

What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!

Gold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now.

There is no intrinsic reason for the scarcity of capital.

Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.

The introduction of a substantial Government transfer tax on all transactions might prove the most serviceable reform available,with a view to mitigating the predominance of speculation in the United States.

It has been pointed out already that no knowledge of probabilities, less in degree than certainty, helps us to know what conclusions are true, and that there is no direct relation between the truth of a proposition and its probability. Probability begins and ends with probability.