Always history is being made; opinions attitudes and institutions change, and there is evolution in the nature of capitalism

I have been....moved to wonder whether my job is a job or a racket, whether economists, and particularly economic theorists, may not be in the position that Cicero, citing Cato, ascribed to the augurs of Rome-that they should cover their faces or burst into laugher when they met on the street.

Large scale collective bargaining . . . is merely a seductive name for bilateral monopoly, and means either adjudication of conflicts in terms of power, or deadlock and stoppage, usually injuring outside people more than the immediate parties to the dispute.

One-third of your plays are special teams, so to block a punt and get good field position out of it and score was big.

If all properly economic problems were solved once for all . . . the social struggle and strife would . . . [not necessarily] be reduced in amount or intensity . . . in the absence of some moral revolution which could by no means be assumed to follow in consequence of this change itself.

In the long run all producers are forced to use the most efficient methods or give place to others who do.

...even professors of economics, to say nothing of the public, do not generally have scientific minds.