Monetary policy suffers from the unfortunate absence of any occult effect. It has long been clear that economic management...would be greatly facilitated if resort could occasionally be had to witchcraft.

We have escapist fiction, so why not escapist biography?

I've been a faithful reader of the great classical documents of economics, or tried to be.

Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.

Nostalgia combines regularly with manifest respectability to give credence to old error as opposed to new truth.

Happiness does not require an expanding economy

Meetings are indispensable when you don't want to do anything.