There are, of course, a number of epistemological questions, some of which lie more in the province of the philosopher than they do the economist or ….

Economics, we learn in the history of thought, only became a science by escaping from the casuistry and moralizing of medieval thought..

If we saw tomorrow's newspaper today, tomorrow would never happen..

Physicists can only talk to other physicists and economists to economists... sociologists often cannot even understand each other..

The tourist business is a trap, it is a tained honey; Man clearly should have stayed in bed, and not invented money..

In 1859 the human race discovered a huge treasure chest in its basement. This was oil and gas, a fantastically cheap and easily available source of e….

We make our tools, and then they shape us..

The greater the penalties laid on sellers in the black market... the higher the black market price..

One advantage of exhibiting a hierarchy of systems in this way is that it gives us some idea of the present gaps in both theoretical and empirical kn….

The only religion that still demands human sacrifice is nationalism..

The world moves into the future as a result of decisions, not as a result of plans. Plans are significant only insofar as they affect decisions..

The love of God again makes us free, for it draws us to set a low value on those things wherein we are subject to others - our wealth, our position, ….

It is absurd to suppose we can think of nature as a system apart from knowledge, for it is knowledge that is increasingly determining the course of n….

[The consumer is] the supreme mover of economic order... for whom all goods are made and towards whom all economic activity is directed..

Equilibrium is a figment of the human imagination..

Economic progress means the discovery and application of better ways of doing things to satisfy our wants. The piping of water to a household that pr….

One of the most important skills of the economist, therefore, is that of simplification of the model. Two important methods of simplification have be….

Consumption is the death of capital, and the only valid arguments in favor of consumption are arguments in favor of death itself..

In any evolutionary process, even in the arts, the search for novelty becomes corrupting..

[There will be movement toward] behavioral economics... [which] involves study of those aspects of men's images, or cognitive and affective structure….

At the opposite pole from the gift is tribute - that is, a grant made out of fear and under threat. A threat is a statement of the form "you do somet….