Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.

No nice philosophical point has ever been so decisively resolved as this: that those who are not conceived do not miss the pleasure of consuming the goods they do not get born to enjoy.

Power is not something that can be assumed or discarded at will like underwear.

There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations.

The inborn instability of capitalism has been part of the history of the system for several hundred years, including recurrent speculative episodes. There should be no doubt in anyone's mind that we're now having another one of those speculative episodes.

The individual serves the planning system not by supplying it with savings and the resulting capital; he serves it far more by consuming its products.

Economic stimulation that works through the increased outlays to the affluent has, inevitably, an aspect of soundness and sanity that is lacking in expenditure on behalf of the undeserving poor.