Status Updates From An Essay on the Restoration...

So far it's a very thorough account and he's organised in the way he writes. However if you know even a little economics, you can spot the glaring faults in his book. Good intentions don't mean good economic consequences unfortunately.

He talks about credit without taking up the concept of time-preference. He more or less assumes that credit serves no worthwhile purpose.

He equates speculation with gambling. By implication, he also calls entrepreneurs in general gamblers.

"But if he is so successful or works so hard that he reaches the point where a full quarter of his income is taken away in taxation, it is hardly worth his while to save more, and he will cease to save."
Now, just compare that to present conditions. Income tax of 25%? Ridiculously low by modern standards.