The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.

The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.

A study of the history of opinion is a necessary preliminary to the emancipation of the mind.

The power to become habituated to his surroundings is a marked characteristic of mankind.

Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes a bubble on a whirlpool of speculation. 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.

When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals.

Unlike physics, for example, such parts of the bare bones of economic theory as are expressible in mathematical form are extremely easy compared with the economic interpretation of the complex and incompletely known facts of experience, and lead one a very little way towards establishing useful results.