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.

A conventional valuation which is established as the outcome of the mass psychology of a large number of ignorant individuals is liable to change violently as the result of a sudden fluctuation of opinion due to factors which do not really make much difference to the prospective yield; since there will be no strong roots of conviction to hold it steady.

I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.

If human nature felt no temptation to take a chance there might not be much investment merely as a result of cold calculation.

The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.

God has arrived. I met him on the 5:15 train.

Everything is always decided for reasons other than the real merits of the case