Genius Is A Rising Stock Market.

Pundits Forecast Not Because They Know, But Because They Are Asked.

Change Comes Not From Men And Women Changing Their Minds, But From The Change From One Generation To The Next.

Money Is A Singular Thing. It Ranks With Love As Man's Greatest Source Of Joy. And With Death As His Greatest Source Of Anxiety. Over All History It Has Oppressed Nearly All People In One Of Two Ways: Either It Has Been Abundant And Very Unreliable, Or Reliable And Very Scarce.

Broadly Speaking, Keynesianism Means That The Government Has A Specific Responsibility For The Behavior Of The Economy, That It Doesn't Work On Its Own Autonomous Course, But The Government, When There's A Recession, Compensates By Employment, By Expansion Of Purchasing Power, And In Boom Times Corrects By Being A Restraining Force. But It Controls The Great Flow Of Demand Into The Economy, What Since Keynesian Times Has Been The Flow Of Aggregate Demand. That Was The Basic Idea Of Keynes So Far As One Can Put It In A Couple Of Sentences.

Were It Part Of Our Everyday Education And Comment That The Corporation Is An Instrument For The Exercise Of Power, That It Belongs To The Process By Which We Are Governed, There Would Then Be Debate On How That Power Is Used And How It Might Be Made Subordinate To The Public Will And Need. This Debate Is Avoided By Propagating The Myth That The Power Does Not Exist.