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

Let’s begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system. This shift minimizes - indeed, deletes - the role of wealth in the economic and social system. And it sheds the adverse connotation going back to Marx. Instead of the owners of capital or their attendants in control, we have the admirably impersonal role of market forces. It would be hard to think of a change in terminology more in the interest of those to whom money accords power. They have now a functional anonymity.

It was Herbert Spencer, not Charles Darwin, who coined the phrase Survival of the Fittest.

Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations.

I accept the global complex and global trade more than do some of my liberal colleagues because I consider this a wise alternative to national tension and conflict.

Ralph [ Nader] is an old friend of mine, and he does a useful job in displaying a position.

The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.