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If democracy as we know it has to survive the elites have to regain their credibility. And they have to start by admitting that their economic model is broken.

I am not partisan in my economic thinking. We work with any number of state governments, many of which are BJP governments.

The more I support with my economic plans the building of a middle class, the quicker they're going to turn around and say, 'Hey, we want a bigger say in things.' So, I knew what I was getting into right at the beginning. It's the right thing to do.

No matter what's happening in the Middle East - the Arab Spring, et cetera, the economic challenges, high rates of unemployment - the emotional, critical issue is always the Israeli-Palestinian one.

The Negro was a political football between his former slave master and Northern political adventurers. The economic basis of this contest was the power to tax, to float bonds, to award franchise: in short, to gain control over the financial resources of the newly organized States.

Under democracy one party always devotes its chief energies to trying to prove that the other party is unfit to rule—and both commonly succeed, and are right.

When we traded homemaking for careers, we were implicitly promised economic independence and worldly influence. But a devil of a bargain it has turned out to be in terms of daily life. We gave up the aroma of warm bread rising, the measured pace of nurturing routines, the creative task of molding our families' tastes and zest for life; we received in exchange the minivan and the Lunchable.

No government has the right to decide on the truth of scientific principles, nor to prescribe in any way the character of the questions investigated. Neither may a government determine the aesthetic value of artistic creations, nor limit the forms of literacy or artistic expression. Nor should it pronounce on the validity of economic, historic, religious, or philosophical doctrines. Instead it has a duty to its citizens to maintain the freedom, to let those citizens contribute to the further adventure and the development of the human race.

Morality, it could be argued, represents the way that people would like the world to work, wheareas economics represents how it actually does work.

Colorful demonstrations and weekend marches are vital but alone are not powerful enough to stop wars. Wars will be stopped only when soldiers refuse to fight, when workers refuse to load weapons onto ships and aircraft, when people boycott the economic outposts of Empire that are strung across the globe.

See, if you look at the drug war from a purely economic point of view, the role of the government is to protect the drug cartel. That's literally true.

The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

If you give me any problem in America I can trace it down to domestic violence. It is the cradle of most of the problems, economic, psychological, educational.

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.

We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice.

I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.

If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion.

It seems to me that socialists today can preserve their position in academic economics merely by the pretense that the differences are entirely moral questions about which science cannot decide.

To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm.

A claim for equality of material position can be met only by a government with totalitarian powers.

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