Every short statement about economics is misleading (with the possible exception of my present one).
Both sides go the bargaining table holding cards quite close to the chest and bluffing like crazy, .
History teaches that the level of unemployment is not as important as whether the rate's going down.
We have forgotten how to be good guests, how to walk lightly on the earth as its other creatures do.
Uncertainty is seen to retard investment independently of considerations of risk or expected return.
I don't think there are any students who should not be exposed to a basic financial literacy course.
Bureaucrats sometimes do not have the correct information, while citizens and users of resources do.
Without a common loyalty to either a state or a church they have nevertheless a vast deal in common.
In war, the stronger overcomes the weaker. In business, the stronger imparts strength to the weaker.
Social justice rests on the hate towards those that enjoy a comfortable position, namely, upon envy.
Freedom granted only when it is known beforehand that its effects will be beneficial is not freedom.
All great economists are tall. There are two exceptions: John Kenneth Galbraith and Milton Friedman.
Countries are poor not because their people are lazy; their people are 'lazy' because they are poor.
Democracy virtually assures that only bad and dangerous men will ever rise to the top of government.
I had to think whether, after 50 years of hard slog, I was still lucid and fresh enough for the job.
Exhortations to obstruct the operations of Government in detail, should; Exhortations to resist all.
It's important for the Fed, hard as it is, to attempt to detect asset bubbles while they're forming.
Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.
Income from property is not the reward of waiting, it is the reward of employing a good stockbroker.
A businessman who reads Business Week is lost to fame. One who reads Proust is marked for greatness.
The conspicuously wealthy turn up urging the character building values of the privation of the poor.
It is possible that people need to believe they are unmanaged if they are to be managed effectively.
The modern corporation must manufacture not only goods but the desire for the goods it manufactures.
In any great organization it is far, far safer to be wrong with the majority than to be right alone.
Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted.
But it can be laid down as a rule that those who speak most of liberty are least inclined to use it.
Why did we lose Brexit? Why, because 60 per cent of youth didn't believe they needed to go and vote.
In developing countries, lack of infrastructure is a far more serious barrier to trade than tariffs.
I knew that discrimination existed, even though there were many individuals who were not prejudiced.
Travel should rub off Local Prejudices and provide an enlarged and impartial view of Men and Things.
Bernie Sanders just seems to not have the personality to engage with people at the grassroots level.
[Barack Obama] intended, I think, to say that he took Trayvon's [ Martin] death somewhat personally.
Racism is the most divisive force in our society, so until it is dealt with we cannot hope for much.
If you pay people not to work and tax them when they do, don't be surprised if you get unemployment.
Government is a way by which every individual believes he can live at the expense of everybody else.
The majority is not society, is not everyone. Majority coercion over the minority is still coercion.
There are enough fools in Washington to destroy the country without any help from Muslim terrorists.
Few Americans other than the One Percent have a stake in the American economic and political system.
Social Security is a social insurance program - it is not designed to be the same thing as a 401(k).
A temporary reduction in tax rates on individual incomes can be a powerful weapon against recession.
I don't think it says anywhere in the Bible that tithing should be calculated on a before-tax basis.
Even if we grade on a very generous curve, many Americans flunk when it comes to financial literacy.
Even supposing there were some spiritual advantage in celibacy, it ought to be completely voluntary.
Never argue at the dinner table, for the one who is not hungry always gets the best of the argument.
I think you've got to watch out for anybody in high school who says he wants to become an economist.
The welfare state is not really about the welfare of the masses. It is about the egos of the elites.