Clearly the most unfortunate people are those who must do the same thing over and over again, every minute, or perhaps twenty to the minute. They deserve the shortest hours and the highest pay.

Economics exists to make astrology look respectable.

Originality is something that is easily exaggerated, especially by authors contemplating their own work.

We have escapist fiction, so why not escapist biography?

I think the role of the Federal Reserve is enormously exaggerated.

There is little that can be said about most economic goods. A toothbrush does little but clean teeth. Aspirin does little but dull pain. Alcohol is important mostly for making people more or less drunk ... There being so little to be said, much is to be invented.

There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.