"The Theory of Economics does not furnish a body of settled conclusions immediately applicable to policy. It is a meth…"

"The fact that economics is not physics does not mean that we should not aim to apply the same fundamental standards f…"

"[A]lmost every statement which we — or for that matter anyone else — runs afoul of some existing opinion, and, by the…"

"Happily there is nothing in the laws of value which remains for the present or any future writer to clear up; the the…"

"John Stuart Mill 1848 [1965], The Principles of Political Economy Book 3. University of Toronto Press, p. 594"

"Economic doctrine is ... not a body of concrete truth but an engine for the discovery of concrete truth, similar say …"

"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. ...…"

"We are called upon in this case to decide whether under the Investment Advisers Act of 1940 [1] the Securities and Ex…"

"Once upon a time, capital gains were not taxable in Canada. But the federal government instituted a tax on capital ga…"