Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.
A person buying ordinary products in a supermarket is in touch with his deepest emotions.
Then the shit hit the fan.
Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral inadequacy or terminal laziness, the latter being a much cherished aspect of academic fre...
Under capitalism, man exploits man. Under communism, it's just the opposite.
The process by which banks create money is so simple that the mind is repelled.
We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.
All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essenc...
Politics is the art of choosing between the disastrous and the unpalatable.
The shortcomings of economics are not original error but uncorrected obsolescence. The obsolescence has occurred because what is convenient has become sacrosanct. Anyone who attacks such ideas must se...
We all agree that pessimism is a mark of superior intellect.
The man who is admired for the ingenuity of his larceny is almost always rediscovering some earlier form of fraud. The basic forms are all known, have all been practiced. The manners of capitalism imp...
Economics is extremely useful as a form of employment for economists.
In any great organization it is far, far safer to be wrong with the majority than to be right alone.
There are times in politics when you must be on the right side and lose.
Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.
Wealth is the relentless enemy of understanding
One of the greatest pieces of economic wisdom is to know what you do not know.
If all else fails, immortality can always be assured by spectacular error.
Man, at least when educated, is a pessimist. He believes it safer not to reflect on his achievements; Jove is known to strike such people down.