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.

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.

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.

What is high finance? It’s knowing the difference between one and ten, multiplying, subtracting and adding. You just add noughts. read more

What is high finance? It’s knowing the difference between one and ten, multiplying, subtracting and adding. You just add noughts. It’s no more than that.

Derivatives are financial weapons of mass destruction.

Derivatives are financial weapons of mass destruction.

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.

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.

There is no such thing as an innocent purchaser of stocks.

There is no such thing as an innocent purchaser of stocks.