One of the best ways of avoiding necessary and even urgent tasks is to seem to be busily employed on things that are already done.

Almost every aspect of its (Federal Reserve) history should be approached with a discriminating disregard for what is commonly taught or believed.

What is called a high standard of living consists, in considerable measure, in arrangements for avoiding muscular energy, for increasing sensual pleasure and enhancing caloric intake above any conceivable nutritional requirement.

The fully planned economy, so far from being unpopular, is warmly regarded by those who know it best.

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

Few economic problems, if any, are difficult of solution. The difficulty, all but invariably, is in confronting them. We know what needs to be done; for reasons of inertia, pecuniary interest, passion or ignorance, we do not wish to say so.

It's much easier to point out the problem than it is to say just how it should be solved.