Quotes of All Topics . Occasions . Authors
Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.
The first principle of economic symmetry: building the economic power to consume simultaneously with the industrial power to produce.
In the early 1980s, I burned my Social Security card at the New Orleans Investment Conference in protest of the state pension system.
There are severe limits to the good that the government can do for the economy, but there are almost no limits to the harm it can do.
In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment.
I think almost every economist would agree that government gets itself in trouble when it tries to interfere with voluntary behavior.
The use of quantity of money as a target has not been a success. I'm not sure that I would as of today push it as hard as I once did.
Personal freedom has grown greatly within China, and that will provoke ever more points of conflict between the individual and state.
Under the gold standard America had no major financial panics other than in 1873, 1884, 1890, 1893, 1907, 1930, 1931, 1932, and 1933.
Of all the entrepreneurial opportunities available today, one of the most important is direct selling, also called network marketing.
In today's world, working for yourself is actually the safer route, and working for a corporation has become the riskier proposition.
There are a lot of ways that investment banking models work, but these risks are not internalized by the people that are taking them.
Existing economics is a theoretical system which floats in the air and which bears little relation to what happens in the real world.
You get more irrationality within the family and in consumer behavior than you get, say, in the behavior of firms in their purchases.
If you really accept that global warming puts the world at risk, then you think you would be open to any solution that could undo it.
I think we should know about candidates desires and views, but I think it would be a mistake to assume that they will become reality.
In those days [1935] I would read what the opposition papers got out, and I'd say to myself, 'What I'm doing just isn't good enough.'
It's not Utopian to believe that we can create a global registry of financial assets so we know who owns what in different countries.
If you truly believe in the brotherhood of man, then you must believe that blacks are just as capable of being racists as whites are.
How are children supposed to learn to act like adults, when so much of what they see on television shows adults acting like children?
The reason so many problems do not get solved in Washington is that solving those problems is not the No. 1 priority: Re-election is.
If China and India were as rich as the United States is today, the market for cancer drugs would be eight times larger than it is now.
While I am interested both in economics and in philosophy, the union of my interests in the two fields far exceeds their intersection.
And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.
High tax rates are followed by attempts of ingenious men to beat them as surely as surely as snow is followed by little boys on sleds.
Politicians are addicted to spending and revenue extraction. As with an addict, there's little pause for moral or legal contemplation.
I don't want to sound like 'chirpy Evan' who's just bouncing around with his unrealistic views and doesn't understand what's going on.
Growth is improving the lot of the poor in many countries, reducing poverty by half since 1981. Freer trade could accelerate progress.
I used to joke that I came to England - not to the U.S. where most Koreans go - because I like Arthur Conan Doyle and Agatha Christie.
I don't feel that I've faced discrimination. I've had every chance to succeed and more, and I think that's what all women should have.
Wisdom... is often an abstraction associated not with fact or reality but with the man who asserts it and the manner of its assertion.
In 1929 the discovery of the wonders of the geometric series struck Wall Street with a force comparable to the invention of the wheel.
To give students the best possible chance to succeed, education must prepare them to handle issues that transcend national boundaries.
Having excessive power in the hands of one country meant the fate of the world was too dependent on what happened in that one country.
I am continuing to explore a run in the Senate from Connecticut, absolutely exploring it. In fact, I would say exploring it intensely.
Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs?
What needs to be grasped is that the system itself is the cause of all of the misery in the world. This is a simple but powerful idea.
Without an understanding of the issue of race and a willingness to confront it head on, the working class will not build its strength.
Americans know very little about social statistics, but I am not sure that it's important that Americans know about social statistics.
The fall of the Berlin Wall did more for the progress of freedom than all of the books written by myself or Friedrich Hayek or others.
The best way to help Africans today is to help them to stand on their own feet. And the best way to do that is by helping create jobs.
What is important to me is that when I write something, people listen to me. I provide my wisdom to people, whether they agree or not.
Consistency may be the hobgoblin of little minds, but law, morality and leadership demand it. Without consistency, there is privilege.
I really think that people have to think safety; taking risks for higher yield is a bad idea once you're in late or latish middle age.
The data show we can do something about upward mobility. Every extra year of childhood spent in a better neighborhood seems to matter.
Most people start claiming benefits within a year of when they become eligible, although benefits increase substantially if they wait.
In the longer run and for wide-reaching issues, more creative solutions tend to come from imaginative interdisciplinary collaboration.
Even today, I am easily distracted by reading material and will pick up articles on virtually any factual material if I have the time.
Mistakes can be corrected by those who pay attention to facts but dogmatism will not be corrected by those who are wedded to a vision.
Some of the people on death row today might not be there if the courts had not been so lenient on them when they were first offenders.