The conventional view serves to protect us from the painful job of thinking.

I can't remember my telephone number, but I know it was in the high numbers.

The trouble with Russia is not that she is socialist but that she is Russia.

Middle-income wage earners have essentially had no pay increases since 2000.

Arbitrage proof has since been widely used throughout finance and economics.

Experimentation has been the key factor in the success of Western capitalism

In the history of modern capitalism, crises are the norm, not the exception.

As Hegel well knew, the ascent of reason has never followed a straight line.

Washington's impulsive use of power is a danger to America and to the world.

Looting is the only way left for the Western financial system to make money.

Economists don't usually make good speculators, because they think too much.

Friedrich Hayek is not an important figure in the history of macroeconomics.

Let those who will - write the nation's laws - if I can write its textbooks.

Controversy, though always an evil in itself, is sometimes a necessary evil.

News media stimulate bubbles, since stories about them boost their audience.

The Lord prefers common looking people. That is why he made so many of them.

Some full professors could more accurately be described as empty professors.

No one travelling on a business trip would be missed if he failed to arrive.

Status-driven, conspicuous consumption thrives from the language of novelty.

Greenspan, who knew so much more than most, knew far less than most supposed.

The student community of Presidency College was also politically most active.

If Democrats don't go on Fox News, it doesn't mean that people stop watching.

If it was up to me, I would have put more money into the state fiscal relief.

Russia's main weaknesses are inflexibility and dependence on energy resources

Why did God invent economists? To make weathermen feel good about themselves.

Freedom necessarily means that many things will be done which we do not like.

I don't drink at lunchtime because I'm very weak at alcohol like most Asians.

The economy is a wholly owned subsidiary of the environment, not the reverse.

We need to defend the interests of those whom we've never met and never will.

The privileged have regularly invited their own destruction with their greed.

The difficulty lies, not in the new ideas, but in escaping from the old ones.

The forces of the nineteenth century have run their course and are exhausted.

Innovations are changes which cannot be decomposed into infinitessimal steps.

Our poverty will be brought home to us to its full extent only after the war.

I am addicted to the printed word, and my idea of a good time is a good book.

Some of the federal programs to help homeowners were never fully implemented.

My graduate study was interrupted, like that of many others, by World War II.

Banking technology has made it simple and efficient to invest in good causes.

Anything that government can do, private enterprise can do for half the cost.

Making prohibition work is like making water run uphill; it's against nature.

The great achievements of civilization have not come from government bureaus.

Never have the world's moneys been so long cut off from their metallic roots.

The Obama campaign seems dangerously close to becoming a cult of personality.

Democracy or breakdown in Syria would change the whole Middle East overnight.

At 2 per cent growth a year, an economy doubles in size in just thirty years.

An intriguing paradox of the 1990s is that it isn't called a decade of greed.

I don't care very much for the People Magazine approach to applied economics.

Mao is the only real Marxist at the leadership level in the post-Marx period.

If no estate tax is imposed, capital gains taxes can be avoided indefinitely.

Men are like sheep, of which a flock is more easily driven than a single one.

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