2,810 words

Part 5 of 5

Chapter I

Minor Addenda and Varia 

I have never met a gambler with an ounce of intelligence, but the prejudice against lotteries is in the category of superstitions, totemism and taboo. Lotteries can harm only the imbeciles who buy tickets, but these imbeciles appear to be wholly in their own right. (more…)

4,781 words

Part 4 of 5

Chapter I

Politics, A Necessary Digression

Science or no science an economic system or lack-of-system is bound to be affected by the political system in which or beside which it exists, and more especially by the preconceptions or prejudices or predispositions and attitudes implied in the political system.  (more…)

2,115 words

Part 3 of 5

Chapter I

Costing

(more…)

1,678 words

Part 2 of 5

Chapter I

On Volition

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2,306 words

Part 1 of 5

The aim of this brochure is to express the fundamentals of economics so simply and clearly that even people of different economic schools and factions will be able to understand each other when they discuss them.

After about forty pages I shall not ‘descend’, but I shall certainly go into, ‘go down into’ repetitions and restatements in the hope of reaching this clarity and simplicity.  (more…)