"Ziyauddin's sarcasm is incisive. Occasionally his sardonic humour helps him to sum up his ideas in a few words. His r…"

"To every outworn shibboleth of 19th-century economics he clung with fanatic tenacity. Economy, Free Trade, Gold - the…"

"The big, looming, monetary issue is "quantitative easing": that is, printing money. What happens is that the governme…"

"Between August 1921 and August 1929 the Dow Jones Industrial index increased by a factor of 4.4. Other prices, howeve…"

"Globalization was exerting a dis-inflationary impact."

"You can't push on a string."

"The clear and present danger is, instead, that Europe will turn Japanese: that it will slip inexorably into deflation…"

"The declared object of deflation was the restoration of the gold standard at pre-war parity. Its actual effect has be…"

"Currency devaluations stimulated recovery in two ways: allowing nominal interest rates to fall and, so long as people…"

"This ground-plan, conceived by a great architect, exhibits a fundamental metaphysical dualism in Plato’s thought. ...…"