"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…"

"See your disappointments as good fortune. One plan's deflation is another's inflation."

"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."

"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. ...…"