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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.
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.
The money-changers have fled from their high seats in the temple of our civilization. We may now restore that temple read more
The money-changers have fled from their high seats in the temple of our civilization. We may now restore that temple to the ancient truths.
Derivatives are financial weapons of mass destruction.
Derivatives are financial weapons of mass destruction.
A financier is a pawn-broker with imagination.
A financier is a pawn-broker with imagination.
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.
Financial sense is knowing that certain men will promise to do certain things, and fail.
Financial sense is knowing that certain men will promise to do certain things, and fail.
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.
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.