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We estimate the wisdom of nations by seeing what they did with their surplus capital.
We estimate the wisdom of nations by seeing what they did with their surplus capital.
One of the soundest rules to remember when making forecasts in the field of economics is that whatever is to read more
One of the soundest rules to remember when making forecasts in the field of economics is that whatever is to happen is happening already.
High finance isn't burglary or obtaining money by false pretenses, but rather a judicious selection from the best features of read more
High finance isn't burglary or obtaining money by false pretenses, but rather a judicious selection from the best features of those fine arts.
It is time that financial types developed a greater tolerance for imprecision, because that’s the way the world is.
It is time that financial types developed a greater tolerance for imprecision, because that’s the way the world is.
A financier is a pawn-broker with imagination.
A financier is a pawn-broker with imagination.
Modern man drives a mortgaged car over a bond-financed highway on credit-card gas.
Modern man drives a mortgaged car over a bond-financed highway on credit-card gas.
It sounds extraordinary but it’s a fact that balance sheets can make fascinating reading.
It sounds extraordinary but it’s a fact that balance sheets can make fascinating reading.
Alexander Hamilton originated the put and take system in our national treasury: the taxpayers put it in, and the politicians read more
Alexander Hamilton originated the put and take system in our national treasury: the taxpayers put it in, and the politicians take it out.
One-third of the people in the United States promote, while the other two-thirds provide.
One-third of the people in the United States promote, while the other two-thirds provide.
