I react pragmatically. Where the market works, I'm for that. Where the government is necessary, I'm for that. I'm deeply suspicious of somebody who says, 'I'm in favor of privatization,' or, 'I'm deeply in favor of public ownership.' I'm in favor of whatever works in the particular case.

Economics exists to make astrology look respectable.

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.

People who are in a fortunate position always attribute virtue to what makes them so happy.

Modesty is a vastly overrated virtue.

One can relish the varied idiocy of human action during a panic to the full, for, while it is a time of great tragedy, nothing is being lost but money.

We all agree that pessimism is a mark of superior intellect.