Inflationism is a dreadful cancer that is gnawing at the backbone of the civilized order.

Then it was that were passed the laws restricting emancipation and prohibiting education.

Profits are part of the mechanism by which society decides what it wants to see produced.

There is no ageism or 'youthism' when it comes to freedom of speech. We are all citizens.

Capital in the hands of a national government forms a part of the gross national capital.

We know that investment causes growth. But it is also true that growth causes investment.

A person buying ordinary products in a supermarket is in touch with his deepest emotions.

It's much easier to point out the problem than it is to say just how it should be solved.

The power to become habituated to his surroundings is a marked characteristic of mankind.

Words ought to be a little wild, for they are the assaults of thoughts on the unthinking.

Bitcoin is successful only because of its potential for circumvention, lack of oversight.

In any evolutionary process, even in the arts, the search for novelty becomes corrupting.

The profit motive promotes economic growth by creating better products at cheaper prices.

When America's Newspaper of Record is nothing but a propaganda ministry, what is America?

I admit it: I had fun watching right-wingers go wild as health reform finally became law.

The greatest opportunities today are to go into business for yourself as an entrepreneur.

If people just put away what's left at the end of the month, that's a recipe for failure.

I think we also have learned the lesson that we have to have better incentive structures.

A man is called selfish not for pursuing his own good, but for neglecting his neighbor's.

When valuation confidence falls, it means that stock markets are perceived as overpriced.

Don’t do to others what you would not like to be done to you, if you were in their place.

Das Kapital, I think, is very difficult to read, and for me, it was not very influential.

I don't pretend that I can predict the future value of the growth rate or rate of return.

Over the generations, black leaders have ranged from noble souls to shameless charlatans.

You can't have the capitalist system if an increasing number of people think it is unjust.

I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.

If a proposal doesn't prove out as expected when we run it, sometimes we change the model.

The purpose for a tax system is to collect needed revenue at the least cost to the people.

Little by little, bit by bit, family by family, so much good can be done on so many levels

Without that sense of security which property gives, the land would still be uncultivated.

We are ignorant of what it is we do not know even though we know more than we can ever say

The invention of the printing press was one of the most important events in human history.

The aim and the idea of the Four Year Plan were and remain entirely correct and necessary!

The European model is in danger if we obliterate the principle of personal responsibility.

The lower half of households by wealth held just 3% of wealth in 1989 and only 1% in 2013.

When war becomes a trade, it benefits, like all other trades, from the division of labour.

It was Herbert Spencer, not Charles Darwin, who coined the phrase Survival of the Fittest.

I think without a doubt, that what is called "financial genius" is merely a rising market.

I've been a faithful reader of the great classical documents of economics, or tried to be.

Knowledge is the only instrument of production that is not subject to diminishing returns.

History is full of lessons for how water crises could have been avoided or better managed.

Amherst is a liberal arts college, committed to providing students with a broad education.

But while I loved all of these courses, there was an irresistible attraction of economics.

When you can't cope with change, you feel overwhelmed, and you look for a simple solution.

Concentrated power is not rendered harmless by the good intentions of those who create it.

It is easy to be conspicuously 'compassionate' if others are being forced to pay the cost.

All models have faults - that doesnt mean you cant use them as tools for making decisions.

Sometimes the early bird gets the worm, but sometimes the early bird gets frozen to death.

Corporations and Wall Street in pursuit of short-term profits have given the economy away.

When I am skating, economics is far away. I always return refreshed and ready to carry on.

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