Liberty In Islam Is The Liberty To

Life Without Oil, In Fact, Would Be So Different That It Is Frightening To Contemplate. We Are Addicted, And It Is No Comfortable Addiction.

Cause And Effect, The Riddle Of All History, Is A Particular Devil In Financial History; And Never More So Than Today, Where Entire Classes Of Security Are Collapsing Not On Public Exchanges And Stock-tickers But Because There Are No Markets To Establish Prices This Side Of Nothing.

Bulls Don't Read. Bears Read Financial History. As Markets Fall To Bits, The Bears Dust Off The Dutch Tulip Mania Of 1637, The Banque Royale Of 1719-20, The Railway Speculation Of The 1840s, The Great Crash Of 1929.

Profits In Business Always Depend On The Rate Of Interest: The Higher The Interest, The Higher The Rate Of Profit Required.

The Use Of Refined Petroleum As Fuel, Which Began In The 1850s, Freed Hundreds Of Millions Of People From The Toil Of Centuries, Gave Hundreds Of Millions More A Life Of Ease And Plenty, And, By Allowing Great Cities To Feed Themselves From Every Corner Of The World, Multiplied The Population Of The Earth Fivefold.