4,781 words
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. Read more …
ABC of Economics, Part 5 & Conclusion
2,810 words
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. Read more …