If you don't have collective agreements between unions and employers, governments have to legislate more.

If Quebecers want to keep the Canadian dollar, they'll keep it - and nobody can stop that, end of debate.

To see economic policy as a problem of choice between rival ideologies is the greatest error of our time.

In dealing with Mr. Nixon, it is not easy to be unfair. He invites and justifies all available criticism.

The duty of "saving" became nine-tenths of virtue and the growth of the cake the object of true religion.

If we aim deliberately at the impoverishment of Central Europe, vengeance, I dare predict, will not limp.

Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.

What you measure affects what you do. If you don't measure the right thing, you don't do the right thing.

I describe myself as a "spiritual sampler," raised Catholic, been Baptist, Methodist, and a Unity member.

We've believed for 50 years that the Japanese are small Americans who wanted to be like us. They are not.

Most of the energy of political work is devoted to correcting the effects of mismanagement of government.

A country in which 42% of the population is totally misinformed is not a country where democracy is safe.

Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.

Tax cuts are one of many ways to stimulate the economy. Building infrastructure, for example, is another.

Some of the best theorizing comes after collecting data because then you become aware of another reality.

Solving a problem is hard enough; it gets that much harder if you’ve decided beforehand it can’t be done.

It is amazing how many people seem to think that the government exists to turn their prejudices into law.

It is so easy to be wrong-and to persist in being wrong-when the costs of being wrong are paid by others.

Everyone may be called "comrade," but some comrades have the power of life and death over other comrades.

The difference between a drunk and a alcoholic is that a drunk doesn't have to attend all those meetings.

I don't know about you, but if you hear that Williams guns have been taken, you'll know Williams is dead.

There is a flaw in the operation of representative government. The flaw produces the growth of government.

A money-financed tax cut is essentially equivalent to Milton Friedman's famous 'helicopter drop' of money.

The "human condition" is always to push forward for the better and economics is the study of that process.

I think we've moved to thinking of parenting and pregnancy as something in which you should lose yourself.

In the long run all producers are forced to use the most efficient methods or give place to others who do.

'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.

Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it.

A government debt is a government claim against personal income and private property - an unpaid tax bill.

The number of substitutes for fine and clean thinking the world provides positively gnaws at one's vitals.

Instead of a weak and vacillating Government, a single, purposeful, energetic personality is ruling today.

Today, music heralds... the establishment of a society of repetition in which nothing will happen anymore.

Even in Britain, the trade unions tell me that employment contracts have less protection than in the past.

I went to a liberal arts college, and as part of my background, I was majoring in mathematics and physics.

One product is always ultimately bought with another, even when paid for in the first instance with money.

Technology means the systematic application of scientific or other organized knowledge to practical tasks.

The inborn instability of capitalism has been part of the history of the system for several hundred years.

Governments need to be seriously sceptical about whether new coal provides a good deal for their citizens.

When you're in government, you have a big impact in Washington, but Washington may not be doing very much.

When you have a highly divided society, it's hard to come together to make investments in the common good.

Ronald Reagan's attack on people who receive public assistance was partially an attack on people of color.

Are we to regard the world of nature simply as a storehouse to be robbed for the immediate benefit of man?

But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago.

One of the great mistakes is to judge policies and programs by their intentions rather than their results.

The gains from technology must be channeled to a broader base of the population than has benefited so far.

As the growing emphasis on feelings crowds out reason, facts will play a smaller role in public discourse.

Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.

I don't think I've had any great success in predicting politics or social change, nor have I really tried.

So human capital makes ideas, and ideas help make human capital. But still, they're conceptually distinct.

I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy.

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