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

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

Inventions that are not made, like babies that are not born, are rarely missed.

It is possible that people need to believe they are unmanaged if they are to be managed effectively.

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

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.

I think without a doubt, that what is called "financial genius" is merely a rising market.