The process by which banks create money is so simple that the mind is repelled.

Almost every aspect of its (Federal Reserve) history should be approached with a discriminating disregard for what is commonly taught or believed.

There can be no question, however, that prolonged commitment to mathematical exercises in economics can be damaging. It leads to the atrophy of judgement and intuition. . .

Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt. It is now the only place in our overly active world that does.

There was the Missile Crisis, but one can't attribute to the [J.F.] Kennedy years anything like the problems that [Franklin] Roosevelt stood over and surmounted.

Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do.

I'm certainly going to support Al Gore because, on the whole, he's the more sensible figure and you vote not for the perfect but for the best. Coupled with that is a special situation.