If one could divine the nature of the economic forces in the world, one could foretell the future.

Ronnie had it right calling it Torture. That is a much more accurate description the way I see it.

Technology is at a point where we should allow multiple parties to occupy the same spectral space.

An incentive is a bullet, a key: an often tiny object with astonishing power to change a situation

No hypocrisy is too great when economic and financial elites are obliged to defend their interest.

If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.

The real culprits are those who created a system that makes it dangerous to work and safe to loaf.

The political left has been weak on protecting society from criminals for more than two centuries.

Force is the antithesis of freedom, but force must be used, if only to defend against other force.

Success Comes Through Rapidly Fixing our Mistakes Rather than Getting Things Right the First Time.

When it is useful to them, men can believe a theory of which they know nothing more than its name.

The party that called itself liberal aimed at respecting the liberty to dispose of one's own goods

I hope no man takes what I said about the living and dieing of men for mathematical demonstration.

I believe that virtually all the problems in the world come from inequality of one kind or another.

Applying cost-benefit analysis to regulation is no different than what most regulatory agencies do.

Developments in financial markets can have broad economic effects felt by many outside the markets.

We conclude that hedge funds are far riskier and provide much lower returns than commonly supposed.

Labour, like all other things which are purchased and sold... has its natural and its market price.

We're not very good at forecasting, and we don't know how to measure the impact of economic policy.

Being pregnant was a lot like being a child again. There was always someone telling you what to do.

When, then, does plunder stop? It stops when it becomes more painful and more dangerous than labor.

A claim for equality of material position can be met only by a government with totalitarian powers.

We have indeed at the moment little cause for pride: as a profession we have made a mess of things.

Censorship may be useful for the preservation of morality, but can never be so for its restoration.

The end of the decline of the Stock Market will probably not be long, only a few more days at most.

Therefore one should speak at the same time of national citizenship and wider European citizenship.

There is no such thing as a normal period of history. Normality is a fiction of economic textbooks.

There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.

Ideas may be superior to vested interest. They are also very often the children of vested interest.

In the assumption that power belongs as a matter of course to capital, all economists are Marxians.

Well, when I get new information, I rethink my position. What, sir, do you do with new information?

The problem is a lot of what is called economics is not economics. It is more ideology or religion.

Economists often like startling theorems, results which seem to run counter to conventional wisdom.

I am not afraid of anything. I am voting for Hillary Clinton because I am excited and enthusiastic.

One thing I learned from meteorology is that being an actual science was no guarantee of exactness.

The greater the penalties laid on sellers in the black market... the higher the black market price.

Trump promised an 'America First' foreign policy rooted in the national interest, not in nostalgia.

A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.

The only relevant test of the validity of a hypothesis is comparison of prediction with experience.

Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us.

I'm told I'm like my father, and he was the most wonderful man. But I think he was gentler than me.

I have no sympathy for debunking human achievements that, in the end, gave ordinary people liberty.

We should try to create the society each of us would want if we didn't know in advance who we'd be.

The prospect of getting rich is highly motivating, and few people get rich without taking a gamble.

Most economists, including me, agree that longevity insurance would make sense for a lot of people.

The desire to order other people around and make them conform to one own's vision takes many forms.

How much more of an injustice is it that people who work get more money than people who don't work?

Any policy is a success by sufficiently low standards and a failure by sufficiently high standards.

You know, throughout the world, throughout history, when countries get rich, they stop having kids.

Beethoven and Michelangelo, who sold their artworks for profit, were entrepreneurs and capitalists.

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