No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, education or money, income is an excellent antidote for deprivation. No truth has spawned so much ingenious evasion.

Under capitalism, man exploits man. Under communism, it's just the opposite.

The ideas by which people . . . interpret their existence and in measure guide their behavior, were not forged in a world of wealth.

More investment trusts securities were offered in September of 1929 even than in August - the total was above $600 million. However, the nearly simultaneous promotion of Shenandoah and Blue Ridge was to stand as the pinnacle of new era finance. It is difficult not to marvel at the imagination which was implicit in this gargantuan insanity. If there must be madness something may be said for having it on a heroic scale.

The power of the corporate bureaucracy - the power of technostructure (a term that did not take off) - is something to which I still adhere.

In economics it is a far, far wiser thing to be right than to be consistent

The income men derive from producing things of slight consequence is of great consequence. The production reflects the low marginal utility of the goods to society. The income reflects the high total utility of a livelihood to a person.