Perhaps it is historically true that no order of society ever perishes save by its own hand.

The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.

It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.

To suggest social action for the public good to the city London is like discussing The Origin of Species to a Bishop sixty years ago.

When somebody persuades me I am wrong, I change my mind.

Words ought to be a little wild, for they are the assault of thoughts on the unthinking.

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