Inflation Does Not Lubricate Trade

If There Must Be Madness, Something May Be Said For Having It On A Heroic Scale

Ideas Are Inherently Conservative. They Yield Not To The Attack Of Other Ideas But To The Massive Onslaught Of Circumstance With Which They Cannot Contend.

Economists Are Economical, Among Other Things, Of Ideas; Most Make Those Of Their Graduate Days Do For A Lifetime.

People Are The Common Denominator Of Progress. So No Improvement Is Possible With Unimproved People, And Advance Is Certain When People Are Liberated And Educated. It Would Be Wrong To Dismiss The Importance Of Roads, Railroads, Power Plants, Mills,and The Other Familiar Furniture Of Economic Development. But We Are Coming To Realize That There Is A Certain Sterility In Economic Monuments That Stand Alone In A Sea Of Illiteracy. Conquest Of Illiteracy Comes First.

Men Are, In Fact, Either Sustained By Organization Or They Sustain Organization.