The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation governments can confiscate secretly and unobserved an important part of the wealth of...
Ideas shape the course of history.
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems o...
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
It is better to be roughly right than precisely wrong.
When my information changes, I alter my conclusions. What do you do, sir?
The ideas of economists and political philosophers, both when they are right and when they are wrong are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical...
Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.
In the long run we are all dead.