The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.

A more important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality.

But now, as throughout history, financial capacity and political perspicacity are inversely correlated.

Authorship of any sort is a fantastic indulgence of the ego.

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

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

The happiest time of anyone's life is just after the first divorce.