Quotes of All Topics . Occasions . Authors
In my junior year, I studied geology on Saturday mornings at the Museum of Natural History. Mineralogy has always been a major interest.
My parents were born in 1906 and 1907. I think the experience of the Depression greatly influenced the way they thought about the world.
It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.
All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than the Marxists .
People will be talking about the [Barack] Obama legacy for decades, and I wanted to include my voice in the analysis of this presidency.
[The consumer is] the supreme mover of economic order... for whom all goods are made and towards whom all economic activity is directed.
It turns out that Donald Trump has been very good at buying low and selling high, and it helps account for his amazing business success.
I don't want to be partisan here. But please, tell me how you get out of a business recession by raising business taxes and regulations?
The more these readjustments are delayed ... the longer the depression will have to last, and the longer complete recovery is postponed.
I am just a normal human being - I am alive! Why is anyone surprised that I am human? Like many New Yorkers, I have a multifaceted life.
If our language and culture are not passed on to immigrants, where will they learn to value integrity in government and the rule of law?
In 2004, I predicted in a nationally televised conference in Washington, D.C., that the U.S. would be a Third World country in 20 years.
By offshoring the production of their products, U.S. corporations transferred technology, physical plant, and business knowhow to China.
It's a funny thing, by the way, how people who love free markets are also quite sure that they know that investors are being irrational.
When we speak of institutions, economists mean more than just organizations. We mean conventions, even rules, about how things are done.
We've become a debtor nation. I don't mean just on fixed-loan terms, but we own increasingly less abroad than is owned from abroad here.
I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of evidence.
I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.
A friend from India told me that a countryman of his said: "I want to go to America. I want to see a country where poor people are fat."
One undeniable accomplishment of Bill Clinton's presidency was that it kept Jimmy Carter from being the worst U.S. president in history.
The fact that the market is not doing what we wish it would do is no reason to automatically assume that the government would do better.
The zero-income-tax-rate states have far faster growth in tax revenues than did the states with highest income tax rate over this period.
Every day it seems more likely that we are destined - or should one say doomed? - to replay the disastrous economic history of the 1930s.
Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game.
Honest error in the face of complex and possibly intractable problems is a far more important source of bad results than are bad motives.
As an educator myself, I understand the profound effect that good teachers and a quality education have on the lives of our young people.
If philanthropy is not voluntary, it destroys liberty and justice. The law can give nothing that has not first been taken from its owner.
The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income.
Chicago is an exciting place which renews itself. The workshop system encourages close reading and frank discussions of papers and ideas.
In 1946, I re-enrolled at the University of Budapest in order to obtain a Ph.D. in philosophy with minors in sociology and in psychology.
It is the good fortune of the affluent country that the opportunity cost of economic discussion is low and hence it can afford all kinds.
Marx profoundly affected those who did not accept his system. His influence extended to those who least supposed they were subject to it.
Principles of fair and equitable treatment included in many treaties are uncontroversial as general principles of good public governance.
President Obama always gives lip service to lowering the corporate tax rate, but he never specifies a particular rate or an overall plan.
A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.
The scientific evidence is now overwhelming: climate change presents very serious global risks, and it demands an urgent global response.
I did not think the Oligarchy would allow Trump to win. However, it seems that the oligarchs were deceived by their own media propaganda.
Oxytocin infusion increases generosity in unilateral monetary transfers by 80 percent [and] increases donations to charity by 50 percent.
Anyone who thinks that the last 80 years, ever since FDR took us off gold, have been a doomed venture, that strikes me as kind of cranky.
It isn't that greed's increased. What's increased is the realization that you've got a free field to reach out for what you'd like to do.
To be always thinking about your manners is not the way to make them good; the very perfection of manners is not to think about yourself.
In our judgment of human transactions, the law of optics is reversed; we see the most indistinctly the objects which are close around us.
True counselors of despair are those who hope against hope—and historical experience—that the government can and will act constructively.
The results of recent research on the impacts of climate change dramatically weaken the case for expensive, near-term abatement programs.
The gulf between the information we proclaim & the information we know to be true is vast. In other words: we say one thing & do another.
If you own a gun and have a swimming pool in the yard, the swimming pool is almost 100 times more likely to kill a child than the gun is.
One of the soundest rules to remember when making forecasts in the field of economics is that whatever is to happen is happening already.
Only individuals with an aberrant temperament can in the long run retain their self-esteem in the face of the disesteem of their fellows.
Businesses acting as businesses, not as charitable donors, are the most powerful force for addressing the pressing issues society face(s)
Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane of central bankers.