Ideas Shape The Course Of History.

He Had One Illusion - France; And One Disillusion - Mankind, Including Frenchmen.

I Know Of Only Three People Who Really Understand Money. A Professor At Another University. One Of My Students. And A Rather Junior Clerk At The Bank Of England.

The Great Events Of History Are Often Due To Secular Changes In The Growth Of Population And Other Fundamental Economic Causes, Which, Escaping By Their Gradual Character The Notice Of Contemporary Observers, Are Attributed To The Follies Of Statesmen Or The Fanaticism Of Atheists .

The Considerations Upon Which Expectations Of Prospective Yields Are Based Are Partly Existing Facts Which We Can Assume To Be Known More Or Less For Certain, And Partly Future Events Which Can Only Be Forecasted With More Or Less Confidence.

It Would Be Foolish, In Forming Our Expectations, To Attach Great Weight To Matters Which Are Very Uncertain.