"It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immu…"

"Modesty is a vastly overrated virtue."

"Nothing so effectively economizes effort and intelligence, as distinct from anxiety, as the knowledge that nothing ca…"

"When you see reference to a new paradigm you should always, under all circumstances, take cover. Because ever since t…"

"In the really hard cases you're choosing between the disastrous and the catastrophic, and it's hard to tell someone w…"

"Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not …"

"Clearly the most unfortunate people are those who must do the same thing over and over again, every minute, or perhap…"

"Economic life, as always, is a matrix in which result becomes cause and cause becomes result."

"In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that a…"

"You roll back the stones, and you find slithering things. That is the world of Richard Nixon."