Quotes of All Topics . Occasions . Authors
For in the theoretical field bourgeois economics no longer engages in blithe and joyous fights.
One should not focus on the differences between people but look for commonality and similarity.
What I argue for is a progressive tax, a global tax, based on the taxation of private property.
Too much of what is called 'education' is little more than an expensive isolation from reality.
Time was when people used to brag about how old they were - and I am old enough to remember it.
The same set of statistics can produce opposite conclusions at different levels of aggregation.
Too many people in Washington are full of themselves, among other things that they are full of.
If you don't believe in the innate unreasonableness of human beings, just try raising children.
Ireland is a small but insuppressible island half an hour nearer the sunset than Great Britain.
We need to accept the principle that sometimes poor people will die just because they are poor.
Multiculturalists argue that different cultural values are morally equivalent. That's nonsense.
I have nothing against rich people. In fact, I've been struggling most of my life to join them.
The state is or can be master of money, but in a free society it is master of very little else.
The child which overbalances itself in learning to walk is experimenting on the law of gravity.
I left Delhi, in 1971, shortly after Collective Choice and Social Welfare was published in 1970.
In a slow-growing world that is short on aggregate demand, Germany's trade surplus is a problem.
An economist's definition of hatred is the willingness to pay a price to inflict harm on others.
Sociology isthescience of talk, and there is onlyone law in sociology. Bad talk drives out good.
Once politics become a tug-of-war for shares in the income pie, decent government is impossible.
My teaching began in 1936 at Iowa State College where T. W. Schultz was the department chairman.
Just as war is the natural consequence of monopoly, peace is the natural consequence of liberty.
I keep saying that the sexy job in the next 10 years will be statisticians, and I'm not kidding.
Since there is no orderly way to liquidate the federal debt, we must brace for a payment crisis.
The greatest accomplishment of a bartender lies in his ability to exactly suit his customer. . .
The theory of interest was wrapped in utter obscurity, until Hume and Smith dispelled the vapor.
When you see reference to a new paradigm you should always, under all circumstances, take cover.
Any country that has Milton Friedman as an adviser has nothing to fear from a few million Arabs.
George W. Bush is evil. He is a terrorist. He is evil. He is arrogant. And he is out of control.
One of the challenges, I think, is that Americans are not sufficiently vested in foreign policy.
Facebook is a private company and, therefore, is entitled to whatever political biases it holds.
Humility is the distinguishing virtue of the believer in freedom; arrogance, of the paternalist.
Everywhere, and at all times, economic progress has meant far more to the poor than to the rich.
I don't want a job in the administration; I think I'm more effective carping from the sidelines.
Economics teaches humility because it teaches us more about what we can't do than what we can do
Signing up to be an organ donor should be at least as easy as downloading a song to your iPhone.
The ability to focus attention on important things is a defining characteristic of intelligence.
For those who believe, no proof is necessary. For those who don't believe, no proof is possible.
Wealth is so concentrated that a large segment of society is virtually unaware of its existence.
Neither the depth of despondency nor the height of euphoria tells you how long either will last.
Saying the Constitution is a living document is the same as saying we don't have a Constitution.
The only organized political party with a Christian vision of morality is the Libertarian Party.
The calculus of utility aims at supplying the ordinary wants of man at the least cost of labour.
Next to bombing, rent control is the most effective technique so far known for destroying cities.
Let's pass the small business credit enhancement bill so small business can get back on its feet.
If the fiscal cliff occurs, I don't think the Federal Reserve has the tools to offset that event.
The exchangeable value of all commodities rises as the difficulties of their production increase.
Utility then is not the measure of exchangeable value, although it is absolutely essential to it.
It is natural to try to understand one's own time and to seek to analyse the forces that move it.
Fossil fuel subsidies are a hand brake as we drive along the road to a sustainable energy future.
The Nobel Prize confers on an individual an authority which in economics no man ought to possess.