The Spirit Should Never Grow Old.

There Can Be Few Fields Of Human Endeavor In Which History Counts For So Little As In The World Of Finance.past Experience, To The Extent That It Is Part Of Memory At All, Is Dismissed As The Primitive Refuge Of The Those Who Do Not Have Insight To Appreciate The Incredible Wonders Of The Present.

To See Economic Policy As A Problem Of Choice Between Rival Ideologies Is The Greatest Error Of Our Time.

Almost Every Aspect Of Its (federal Reserve) History Should Be Approached With A Discriminating Disregard For What Is Commonly Taught Or Believed.

We Can Safely Abandon The Doctrine Of The Eighties, Namely That The Rich Were Not Working Because They Had Too Little Money, The Poor Because They Had Much.

Some Things Were Never Meant To Be Recycled.