The Principle Objectives In Life Are Love,

It Is Better To Be Roughly Right Than Precisely Wrong.

It Is The Long-term Investor...who Will In Practice Come In For The Most Criticism... For It Is The Essence Of His Behavior That He Should Be Eccentric, Unconventional, And Rash In The Eyes Of Average Opinion

I Am Myself Impressed By The Great Social Advantages Of Increasing The Stock Of Capital Until It Ceases To Be Scarce.

If The Treasury Were To Fill Old Bottles With Bank-notes, Bury Them At Suitable Depths In Disused Coal-mines Which Are Then Filled Up To The Surface With Town Rubbish, And Leave It To Private Enterprise On Well-tried Principles Of Laissez-faire To Dig The Notes Up Again (the Right To Do So Being Obtained, Of Course, By Tendering For Leases Of The Note-bearing Territory), There Need Be No More Unemployment And, With The Help Of Repercussions, The Real Income Of The Community, And Its Capital Wealth, Would Probably Become A Good Deal Greater Than It Actually Is.

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.