"Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more r…"

"Make politics an avocation, not a vocation."

"The construction of hypotheses is a creative act of inspiration, intuition, invention; its essence is the vision of s…"

"Now, when anybody starts talking about this [an all-volunteer force] he immediately shifts language. My army is 'volu…"

"I have no right to coerce someone else, because I cannot be sure that I'm right and he is wrong."

"I say thank God for government waste. If government is doing bad things, it's only the waste that prevents the harm f…"

"The price system works so well, so efficiently, that we are not aware of it most of the time. We never realize how we…"

"A largely parallel example involving human behavior has been used elsewhere by Savage and me. Consider the problem of…"

"If we are to use effectively these abstract models and this descriptive material, we must have a comparable explorati…"

"There was nothing in these views to repel a student; or to make Keynes attractive. Keynes had nothing to offer those …"