Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget.

The markets are moved by animal spirits, and not by reason.

The avoidance of taxes is the only intellectual pursuit that still carries any reward.

It is a good thing to make mistakes so long as you're found out quickly.

How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?

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

Investment based on genuine long-term expectations is so difficult today as to be scarcely practicable.