Quotes of All Topics . Occasions . Authors
Capitalism involves struggle, but it has an invisible heart beating at its core that transforms people's lives.
You show me a successful complex system, and I will show you a system that has evolved through trial and error.
Questioning growth is deemed to be the act of lunatics, idealists and revolutionaries. But question it we must.
I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.
The prescription for better health care is more freedom to innovate, not remote-control surgery from Washington.
People can also change the timing of when they earn and receive their income in response to government policies.
More than the Big Mac, Coca Cola, or Levi's 501 jeans, the dollar is surely the United States' signature export.
History has demonstrated time and again the inherent resilience and recuperative powers of the American economy.
The financial crisis that began in the summer of 2007 was an extraordinarily complex event with multiple causes.
Of course, economic forecasts must be revised when new information arrives and are thus necessarily provisional.
One of the things we worry about when we cut the tax on gasoline is that it basically stimulates additional use.
Industry has to find a way. together with the governments, to find new modes, new modalities for transportation.
We hold from God the gift which includes all others. This gift is life - physical, intellectual, and moral life.
What a free society offers to the individual is much more than what he would be able to do if only he were free.
Without restoring an ethos of social responsibility, there can be no meaningful and sustained economic recovery.
Chance and change are busy ever;Man decays, and ages move;But His mercy waneth never;God is wisdom, God is love.
It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.
Few things are as immutable as the addiction of political groups to the ideas by whichthey have once won office.
In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.
Nostalgia combines regularly with manifest respectability to give credence to old error as opposed to new truth.
The oldest [John Kenneth] Galbraith rule is that when you hear that a new era has dawned, you should take cover.
Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.
What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
Donald J. Trump has the good fortune of taking office as the economy is finally recovering from the 2008 crisis.
I've talked to dozens of Chicagoans who will only go off the record in talking about the manufactured mythology.
The use of isoquants to describe the production function did not develop to any great extent until the thirties.
In the new world, it is not the big fish which eats the small fish, it's the fast fish which eats the slow fish.
...theories should be judged by their ability to predict events rather than by the realism of their assumptions.
To the free man, the country is the collection of individuals who compose it, not something over and above them.
Subjectivism is not an absolute principle; it is a necessary but not sufficient condition for sound methodology.
You're not making a decision if you come to a fork in the road. There is no 'it' to take. It's one or the other.
Global education is not a zero-sum game. The rise of universities in Asia will be a benefit to the entire world.
But part of the job of economics is weeding out errors. That is much harder than making them, but also more fun.
An industry begins with the customer and his or her needs, not with a patent, a raw material, or a selling skill
I don't live in the Cold War. Some people maybe still live in the Cold War, but this is their problem, not mine.
The great escape of our times is escape from personal responsibility for the consequences of one's own behavior.
Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.
Preaching doom and gloom has been beneficial to the political class. They use it to gain more power and control.
No one believes an hypothesis except its originator but everyone believes an experiment except the experimenter.
A cockle-fish may as soon crowd the ocean into its narrow shell, as vain man ever comprehend the decrees of God!
I love facts and figures. It's like following a detective story, piecing together what's going on in the economy.
In common use almost every word has many shades of meaning, and therefore needs to be interpreted by the context.
Education can really transform the insecurities in the world into a bigger vision of what we are as human beings.
There is considerable evidence that women's education and literacy tend to reduce the mortality rates of children
To predict the future we would have to know today what we will learn tomorrow which will shape our future actions
Forecasters tend to learn less and less about more and more, until in the end they know nothing about everything.
I mean by Society, the totality of concepts of all purely natural relations and institutions between man and man.
The idea of social justice is that the state should treat different people unequally in order to make them equal.
Different constraints are decisive for different situations, but the most fundamental constraint is limited time.
Let's say [Donald] Trump wins. Is Congress going to let him build a wall on the Mexican border? I don't think so.