One nanny said, "Feed a cold"; she was a neo-Keynesian. Another nanny said, "Starve a cold"; she was a monetarist..
Stop-Go seemed more sensiblr than using the brake and accelerator at the same time - a practice that later became fashionable..
I don't think you can spend yourself rich..
Economic controversy is generally a thankless task. You cannot hope to make any impression on your opponent. Yet he is the only reader on whose inter….
If economists did not concern themselves with economic efficiency, nobody would..
The desire to achieve grand utopian plans often poses a grave threat to freedom..
Everyone has the right to make his own decisions, but none has the right to force his decision on others..
Economics is on the side of humanity now..
Big-government economics breeds crony capitalism. It's corrupt, anything but neutral, and a barrier to broad participation in prosperity..
observation of realities has never, to put it mildly, been one of the strengths of economic development theory..
A merchant, it has been said very properly, is not necessarily the citizen of any particular country..
Economists who speak the English tongue are strangely intimidated by mathematical symbols..
Every man lives by exchanging..
The division of labour was limited by the extent of the market.
Start with the idea that you can't repeal the laws of economics. Even if they are inconvenient..
My observation is China is thinking more as a global player than regionally, in both politics and economics..
Never complain of that of which it is at all times in your power to rid yourself..
The single biggest issue that I'm very sensitive to is inflation. I'm very concerned that this extended period where the interest rates were quite lo….
Economics is a slave-driver. No one has free time; no one has any leisure..
Greenspan, who knew so much more than most, knew far less than most supposed..
Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor..