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

Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.

The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.

Meetings are indispensable when you don't want to do anything.

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

Agriculture is one economic activity that does not obey the laws of demand and supply.

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