I don't care who writes a nation's laws - or crafts its advanced treaties - if I can write its economics textbooks..

Politicians like to tell people what they want to hear - and what they want to hear is what won't happen..

Asia's governments come in two broad varieties: young, fragile democracies - and older, fragile authoritarian regimes..

What good does it do a black youth to know that an employer must pay him $2 an hour if the fact that he must be paid that amount is what keeps him fr….

The debate can be put in the form of the question: Resolved, that the best of money managers cannot be demonstrated to be able to deliver the goods o….

To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns pred….

When the economy was going up, [Milton Friedman and I] both gave the same advice, and when the economy was going down, we gave the same advice. But i….

Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market is rea….

Let those who will write the nation's laws, if I can write its textbooks..

The recent market run-up that appreciated run-of-the- mill shares also chanced to send up those token gold holdings. Pure luck, undeserved and unlike….

In every mutual fund prospectus, in every sales promotional folder, and in every mutual fund advertisement (albeit in print almost too small to read)….

Marshall's crime is to pretend to handle imperfect competition with tools only applicable to perfect competition..

Two-thirds of a century after [The Road to Serfdom] got written, hindsight confirms how inaccurate its innuendo about the future turned out to be..

You could be disqualified for a job [at Harvard] if you were either smart or Jewish or Keynesian. So what chance did this smart, Jewish, Keynesian ha….

In this age of specialization, I sometimes think of myself as the last 'generalist' in economics, with interests that range from mathematical economi….

The niceties of existence were not a matter of concern, yet everything around was closed down most of the time. If you lived in a middle-class commun….

For better or worse, US Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian. You know what a cafeteria catholic is?.

Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as a….

Profits are the lifeblood of the economic system, the magic elixir upon which progress and all good things depend ultimately. But one man's lifeblood….

I don't care very much for the People Magazine approach to applied economics..

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support..