Originality is something that is easily exaggerated, especially by authors contemplating their own work.

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.

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

If we were not in Vietnam, all that part of the world would be enjoying the obscurity it so richly deserves.

In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.

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.

Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.