Quotes of All Topics . Occasions . Authors
Beauty is commonly a gratification of our sense of costliness masquerading under the name of beauty.
The assertion that men are objectively equal is so absurd that it does not even merit being refuted.
A thousand acres that can feed a thousand souls is better than ten thousand acres of no more effect.
Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.
The problem is you cannot have free global trade with highly restrictive, regulated domestic markets.
Since 1948 I have spent every single day thinking how the economic and political worlds have changed.
By about the year 2000 Communist China will be a “superpower” built by American technology and skill.
Anyone who believes that we can afford collectively what we cannot afford individually is delusional.
If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction.
Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes.
People don't realize the great happiness there is in living to be very old and together all the time.
War has been the necessary and inevitable consequence of the establishment of a monopoly on security.
Democracy allows for A and B to band together to rip off C. This is not justice, but a moral outrage.
There is something fundamentally wrong in treating the Earth as if it were a business in liquidation.
Africa is always only portrayed as a continent of suffering, but most figures are vastly exaggerated.
It is the aim of good government to stimulate production, of bad government to encourage consumption.
Taxation being a burthen, must needs weigh lightest on each individual, when it bears upon all alike.
But, is it possible for princes and ministers to be enlightened, when private individuals are not so?
In the market economy the price that is offered is counted upon to produce the result that is sought.
The fully planned economy, so far from being unpopular, is warmly regarded by those who know it best.
Trump can bring jobs back, but they will be minimal-wage jobs, not the high-paying jobs of the 1950s.
A lot of my book, 'The Price of Inequality,' is about why there has been an increase in rent-seeking.
Gold and Silver have always had value, never gone to zero. Can you say the same for stocks and bonds?
The government doesn't have any money. The only power it has is to take from some and give to others.
I think that the Internet is going to be one of the major forces for reducing the role of government.
A man who gives his children habits of industry provides for them better than by giving them fortune.
Unlike modern man, who dreams of the world he will make, pre-modern man dreamed of the world he left.
Stupid people can cause problems, but it usually takes brilliant people to create a real catastrophe.
Asking liberals where wages and prices come from is like asking six-year-olds where babies come from.
Statistics may be defined as "a body of methods for making wise decisions in the face of uncertainty.
Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.
Politicians have immense power to do harm to the economy. But they have very little power to do good.
The arts develop skills and habits of mind that are important for workers in the new economy of ideas.
I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
One cannot overestimate the options the West has available with which it can apply pressure on Russia.
Constitutional provisions are not barriers to government misconduct. At best, they can be speed bumps.
It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.
The banks have accounts with the Fed, much the same way that you have an account in a commercial bank.
To be sure, faster growth in nominal labor compensation does not necessarily portend higher inflation.
As we try to make the financial system safer, we must inevitably confront the problem of moral hazard.
The interest of the landlord is always opposed to the interests of every other class in the community.
My brother and sister are both older than I am and were born before my father went off to World War I.
When I meet people on airplanes and they find out I'm an economist, they usually ask about stock tips.
In the real world of research, conventional tests of [statistical] significance seem almost worthless.
...even professors of economics, to say nothing of the public, do not generally have scientific minds.
Education has in America's whole history been the major hope for improving the individual and society.
Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.
Uncertainty and fears of social decline and exclusion have reached the middle class in many societies.
We cannot sustain long-term growth in our economies if we do not protect and preserve our environment.
Deciding under uncertainty is bad enough, but deciding under an illusion of certainty is catastrophic.