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Friday, September 04, 2009

Dr. Johnson Prefers Real Estate to the Stock Market

I would never have any man sell land, to throw money into the funds, as is often done, or to try any other species of trade. Depend upon it, this rage of trade will destroy itself. You and I shall not see it; but the time will come when there will be an end of it. Trade is like gaming. If a whole company are gamesters, play must cease; fopr there is nothing to be won. When all nations are traders, there is nothing to be gained by trade, and it will stop first where it is brought to the greatest perfection. Then the proprietors of land only will be the great men.
--page 298

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