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.

People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.

It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.

Man, at least when educated, is a pessimist. He believes it safer not to reflect on his achievements; Jove is known to strike such people down.

Foreign policy is conducted for the convenience and enjoyment of people in Washington.

The only function of economic forecasting is to make astrology look respectable.

Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects.