Nothing so denies a person liberty as the total absence of money.

Preservationists are the only people in the world who are invariably confirmed in their wisdom after the fact.

In the conventional wisdom of conservatives, the modern search for security is regularly billed as the greatest single threat to economic progress.

If you're rich you can buy books. If you're poor, you need a library.

The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled.

In public administration good sense would seem to require that public expectation be kept at the lowest possible level in order to minimize eventual disappointment.

Financial capacity and political perspicacity are inversely correlated. Long-run salvation by men of business has never been highly regarded if it means disturbance of orderly life and convenience in the present. So inaction will be advocated in the present even though it means deep trouble in the future. Here, at least equally with Communism, lies the threat to Capitalism. It is what causes men who know that things are going quite wrong to say that things are fundamentally sound.