Occupation: Economist Birth: October 15, 1908 Death: April 29, 2006
The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. Th….
The privileged have regularly invited their own destruction with their greed..
There's a certain part of the contented majority who love anybody who is worth a billion dollars..
The problem of the modern economy is not a failure of a knowledge of economics; it's a failure of a knowledge of history..
The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal ges….
Nothing so denies a person liberty as the total absence of money..
When people are least sure, they are often most dogmatic..
There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know..
People of privilege will always risk their complete destruction rather than surrender any material part of their advantage..
If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to "trickle down" economics)..
The huge capacity to purchase submission that goes with any large sum of money, well, this we have. This is a power of which we should all be aware..
Wealth, in even the most improbable cases, manages to convey the aspect of intelligence..
Under capitalism, man exploits man. Under communism, it's just the opposite..
No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, educa….
Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof..
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less e….
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for s….
Few things are as immutable as the addiction of political groups to the ideas by whichthey have once won office..
In the conventional wisdom of conservatives, the modern search for security is regularly billed as the greatest single threat to economic progress..
I am not quite sure what the advantage is in having a few more dollars to spend if the air is too dirty to breathe, the water too polluted to drink, ….
The only function of economic forecasting is to make astrology look respectable..