What An Extraordinary Episode In The Economic

It Is Generally Agreed That Casinos Should, In The Public Interest, Be Inaccessible And Expensive. And Perhaps The Same Is True Of Stock Exchanges.

Never In History Was There A Method Devised Of Such Efficacy For Setting Each Country's Advantage At Variance With Its Neighbours' As The International Gold (or, Formerly, Silver) Standard.

The Power To Become Habituated To His Surroundings And Therefore To No Longer Be Grateful For What Is Good In It Is A Marked Characteristic Of Mankind And Needs To Be Fought Against If A Person Is To Be Happy.

When The Accumulation Of Wealth Is No Longer Of High Social Importance, There Will Be Great Changes In The Code Of Morals. We Shall Be Able To Rid Ourselves Of Many Of The Pseudo-moral Principles Which Have Hag-ridden Us For Two Hundred Years, By Which We Have Exulted Some Of The Most Distasteful Of Human Qualities Into The Highest Virtues.

I Expect To See The State, Which Is In A Position To Calculate The Marginal Efficiency Of Capital-goods On Long Views And On The Basis Of The General Social Advantage, Taking An Ever Greater Responsibility For Directly Organizing Investments.