Colleges don't teach economics properly. Unfortunately we learn little from the experience of the past. An economist must know, besides his subject, ethics, logic, philosophy, the humanities and sociology, in fact everything that is part of how we live and react to one another.

Our problem in money-making or government affairs is how to remain properly venturesome and experimental without making fools of ourselves.

Science has taught us how to put the atom to work. But to make it work for good instead of for evil lies in the domain dealing with the principles of human dignity. We are now facing a problem more of ethics than of physics.

We can't cross that bridge until we come to it, but I always like to lay down a pontoon ahead of time.

You can't repeal human nature by an Act of Congress.

The main purpose of the stock market is to make fools of as many men as possible.

Unless each man produces more than he receives, increases his output, there will be less for him than all the others.