Conscience Is Better Served By A Myth.

At Best, In Such Depression Times, Monetary Policy Is A Feeble Reed On Which To Lean.

There Is A Common Tendency To Ignore The Poor Or To Develop Some Rationalisation For The Good Fortune Of The Fortunate.

Oligopoly Is An Imperfect Monopoly. Like The Despotism Of The Dual Monarchy, It Is Saved Only By Its Incompetence.

Authorship Of Any Sort Is A Fantastic Indulgence Of The Ego.

No Politician Can Praise Unemployment Or Inflation, And There Is No Way Of Combining High Employment With Stable Prices That Does Not Involve Some Control Of Income And Prices. Otherwise The Struggle For More Consumption And More Income To Sustain It-a Struggle That Modern Corporations, Modern Unions And Modern Democracy All Facilitate And Encourage-will Drive Up Prices. Only Heavy Unemployment Will Then Temper This Upward Thrust. Not Many Wish To Confront The Truth That The Modern Economy Gives A Choice Only Between Inflation, Unemployment, Or Controls.