Quotes of All Topics . Occasions . Authors
There is no place for government to prohibit consumers from buying products the effect of which will be to harm themselves.
If China don't free up the political side, its economic growth will come to an end - while it is still at a very low level.
I have friends, political scientists, sociologists, who all share an interest at least in certain kinds of science fiction.
Once the true relationship between inflation and unemployment is understood, with luck and skill, a free lunch is possible.
Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.
In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics.
Wal-Mart has done more for poor people then any ten liberals, at least nine of whom are almost guaranteed to hate Wal-Mart.
The idea that money is corrupting innocent politicians would be laughable if it did not lead to such dangerous legislation.
It is doubtful that the government knows much more than the public does about how government [Economic] policies will work.
More important than anything else is for Americans to wise up to class warfare demagoguery and reject the politics of envy.
We move from more or less plausible but really arbitrary assumptions, to elegantly demonstrated but irrelevant conclusions.
The culture of Greece is not the same as the culture of Germany, and to fuse them into a single unit is extremely difficult.
It is a fact of history that those who seek to withdraw from its great experiments usually end up being overwhelmed by them.
The Federal Reserve has never suffered any losses in the course of its normal lending to banks and, now, to primary dealers.
I think we do need better training programs, we do need a way to get people from careers that are dead-end into new careers.
In an efficient market, at any point in time, the actual price of a security will be a good estimate of its intrinsic value.
Being funny, it turns out, is like being a bank. It's a confidence trick. As long as everyone believes in you, you are fine.
Always history is being made; opinions attitudes and institutions change, and there is evolution in the nature of capitalism
[The] impersonal process of the market ... can be neither just nor unjust, because the results are not intended or foreseen.
Getting rid of the dictator is only a first step in establishing a free society. The dictatorship must also be disassembled.
America is conservative in fundamental principles... but the principles conserved are liberal and some, indeed, are radical.
There are different ways to organise capitalism. Free-market capitalism is only one of them-and not a very good one at that.
Economics is primarily useful, both to the student and to the political leader, as a prophylactic against popular fallacies.
Men are not narrow in their intellectual interests by nature; it takes special and rigorous training to accomplish that end.
In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.
As always, it would be important to ensure that any fiscal policy changes did not compromise long-run fiscal sustainability.
In the cross of Christ I glory,Towering o'er the wrecks of time;All the light of sacred storyGathers round its head sublime.
Do not be alarmed by simplification, complexity is often a device for claiming sophistication, or for evading simple truths.
Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do.
It takes a certain brashness to attack the accepted economic legendsbut noneat all toperpetuatethem. So theyare perpetuated.
Faced with having to change our views or prove that there is no need to do so, most of us immediately get busy on the proof.
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
You can't overestimate what happens when you encourage regulators to believe that the goal of regulation is not to regulate.
The published record will show that many in Chicago have mixed feedback on the President's [Barack Obama] role as organizer.
I have been accused of allegedly giving up my free-market principles in supporting some of Donald Trump's proposed policies.
The Cayman Islands, a British Crown colony in the Caribbean, for instance, is the fifth largest banking center in the world.
Cops must be unleashed, and allowed to administer instant punishment, subject of course to liability when they are in error.
The major reason for Keynes's rejection of communism was simply that he could scarcely identify with the grubby proletariat.
In 21st century America, capitalism has been unfettered from the regulations that democratized it and made it serve society.
That is suitable to a man, in point of ornamental expense, not which he can afford to have, but which he can afford to lose.
The cure for capitalism's failing would require that a government would have to rise above the interests of one class alone.
It is from the scope and wisdom of the economists of the past that we must reap the knowledge with which to face the future.
When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.
However widespread the desire to be free, that is wholly different from a desire to live in a society where others are free.
Trying to be able to have, let's say, more than three partners was absolutely impossible, at least for my own relationships.
Economists have allowed themselves to walk into a trap where we say we can forecast, but no serious economist thinks we can.
Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place.
In many cases rent control appears to be the most efficient technique presently known to destroy a city - except for bombing.
The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.
For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.