Conservatism leads nowhere; it satisfies no ideal.

The treasury could fill old bottles with banknotes and bury them..and leave it to private enterprises on well-tried principles of laissez-faire to dig the notes up again.

There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.

The time has already come when each country needs a considered national policy about what size of population, whether larger or smaller than at present or the same, is most expedient. And having settled this policy, we must take steps to carry it into operation. The time may arrive a little later when the community as a whole must pay attention to the innate quality as well as to the mere numbers of its future members.

The love of money as a possession...will be recognised for what it is, a somewhat disgusting morbidity.

In this autumn of 1919, in which I write, we are at the dead season of our fortunes.

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