The Process By Which Civilization, As An

Inflation, Especially A Slow Steady Rise In Prices, Encourages Producers, Because It Means That They Can Commit Themselves To Costs Of Production On One Price Level And Then, Later, Offer The Finished Product For Sale At A Somewhat Higher Price Level. This Situation Encourages Production Because It Gives Confidence Of An Almost Certain Profit Margin.

Each Central Banksought To Dominate Its Government By Its Ability To Control Treasury Loans, To Manipulate Foreign Exchanges, To Influence The Level Of Economic Activity In The Country, And To Influence Cooperative Politicians By Subsequent Economic Rewards In The Business World.

The Problem Of Meaning Today Is The Problem Of How The Diverse And Superficially Self-contradictory Experiences Of Men Can Be Put Into A Consistent Picture That Will Provide Contemporary Man With A Convincing Basis From Which To Live And To Act.

Hitler's Economic Revolution In Germany Had Reduced Financial Considerations To A Point Where They Played No Role In Economic Or Political Decisions

For Years I Have Told My Students That I Been Trying To Train Executives Rather Than Clerks. The Distinction Between The Two Is Parallel To The Distinction Previously Made Between Understanding And Knowledge. It Is A Mighty Low Executive Who Cannot Hire Several People With Command Of More Knowledge Than He Has Himself.