In the affluent society, no useful distinction can be made between luxuries and necessities.

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 any great organization it is far, far safer to be wrong with the majority than to be right alone.

No society ever seems to have succumbed to boredom. Man has developed an obvious capacity for surviving the pompous reiteration of the commonplace.

When you see reference to a new paradigm you should always, under all circumstances, take cover.

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

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.