MONEY AND WORK

News from the Progressive Review, providing alternative news and comment for over four decades.

April 16, 2009

WORD

Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes the by-product of the activities of a casino, the job is likely to be ill-done. - John Maynard Keynes

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