If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.
I know of only three people who really understand money. A professor at another university. One of my students. And a rather junior clerk at the Bank of England.
Canada is a place of infinite promise. We like the people, and if one ever had to emigrate, this would be the destination, not the U.S.A. The hills, lakes and forests make it a place of peace and repose of the mind, such as one never finds in the U.S.A.
The biggest problem is not to let people accept new ideas, but to let them forget the old ones.