Power is not something that can be assumed or discarded at will like underwear.

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

It had been held that the economic system, any capitalist system, found its equilibrium at full employment. Left to itself, it was thus that it came to rest. Idle men and idle plant were an aberration, a wholly temporary failing. Keynes showed that the modern economy could as well find its equilibrium with continuing, serious unemployment. Its perfectly normal tendency was to what economists have since come to call an underemployment equilibrium.

Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.

It's great to be with William Buckley, because you don't have to think. He takes a position and you automatically take the opposite one and you know you're right.

Economists are economical, among other things, of ideas; most make those of their graduate days do for a lifetime.

Only foolish people are completely secure.