Nothing is so admirable in politics as a short memory.

Getting on the cover of TIME guarantees the existence of opposition in the future.

It is almost as important to know what is not serious as to know what is.

The man who is admired for the ingenuity of his larceny is almost always rediscovering some earlier form of fraud. The basic forms are all known, have all been practiced. The manners of capitalism improve. The morals may not.

I've been a faithful reader of the great classical documents of economics, or tried to be.

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

Superficial observers have long criticized the United States for making a fetish of youth. This is unfair. Uniquely among modern organs of public and private administration, its national legislature rewards senility.