418 quotes found
“In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.”
“This is perhaps as good a place as any to point out that what distinguishes many reformers from those who cannot accept their proposals is not their greater philanthropy, but their greater impatien...”
“Since the 1980s, we have given the rich a bigger slice of our pie in the belief that they would create more wealth, making the pie bigger than otherwise possible in the long run. The rich got the b...”
“While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.”
“Environmental degradation is an iatrogenic disease induced by economic physicians who treat the basic malady of unlimited wants by prescribing unlimited growth.... Yet one certainly does not cure a...”
“It is one of the saddest spectacles of our time to see a great democratic movement support a policy which must lead to the destruction of democracy and which meanwhile can benefit only a minority o...”
“There is a contradiction between market liberalism and political liberalism. The market liberals (e.g., social conservatives) of today want family values, less government, and maintain the traditio...”
“99 percent of all statistics only tell 49 percent of the story.”
“The industrial mind is a mind without compunction; it simply accepts that people, ultimately, will be treated as things and that things, ultimately, will be treated as garbage. (A Defense of the Fa...”
“What then is the intellectual advantage of civilization over primitive savagery? It is not necessarily that each civilized man has more knowledge but that he requires far less.”
“There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequ...”
“The number of games went up or down according to the brutal, elegant logic of the economics of fun:a certain amount of difficultyplusa certain amount of your friendsplusa certain amount of interest...”
“An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.”
“The government is indeed an institution, but "the market" is nothing more than an option for each individual to chose among numerous existing institutions, or to fashion new arrangements suited to ...”
“The General Theory was not truly revolutionary at all but merely old and oft-refuted mercantilist and inflationist fallacies dressed up in shiny new garb, replete with newly constructed and largely...”
“In the long run we are all dead.”
“In the global marketplace of the future the price of every product will tell the ecological truth.”
“Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.”
“need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.”
“Everything which might cause doubt about the wisdom of the government or create discontent will be kept from the people. The basis of unfavorable comparisons with elsewhere, the knowledge of possib...”