Family is a difficult matter. I must admit I do not know that the state can intervene successfully in a family. It's a fact that everything is connec….

Evolutionary theory tends to explain quite well in retrospect how various species emerged. It's not very good on prediction. Nevertheless, one cannot….

Unsolved problems, that's one of the great signs of progress in my opinion..

I think the idea that a society has to be responsible for all of its citizens, those who do well and those who do not, is really a precondition of a ….

The world is changing. We're not really proceeding on a stationary basis..

One thing I learned from meteorology is that being an actual science was no guarantee of exactness..

The MD is well aware that the forecasts are no good but he needs them for planning purposes..

Usefulness depends on tractability..

Vast ills have followed a belief in certainty..

Knowledge is a free good. The biggest cost in its transmission is not in the production or distribution of knowledge, but in its assimilation. This i….

One doesn't like instabilities in markets; they may be damaging, but probably not fatal, as the October '87 crash showed. It turned out to be essenti….

There's only one problem that bothers me. And that's something my theorem [ of Impossibility] really doesn't cover. In my theorem I was assuming peop….

Education is still, in spite of private education, a state matter..

I am not really inclined to think there is any very effective regulation of the derivative securities markets that would be useful. People who go int….

I think that systems that are based on employment are illogical and attempts to meet them create all sorts of unnecessary complexities..

The switch to the market in Eastern Europe, of course, has not exactly been one of the greatest advertisements for the market. There's no question th….

There are all sorts of institutions in the economic world which depart from the simple price/market model which I worked on in an earlier incarnation….

Classic economic theories recognize public goods aspects of one kind or another - the need for economic intervention in, obviously, the supply of inf….

I think on the efficiency level, not only the distribution level, capitalism is a flawed system. It probably has the same virtues as Churchill attrib….

When you look at any experimental work not directly related to economics, but trying to test rational behavior in other ways, experiments have conspi….

Now virtue may not always be its own reward, but in any case it is not usually bought and paid for at market rates..