One of the greatest pieces of economic wisdom is to know what you do not know.

One of my greatest pleasures in my writing has come from the thought that perhaps my work might annoy someone of comfortably pretentious position. Then comes the realization that such people rarely read.

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

In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated.

There is a common tendency to ignore the poor or to develop some rationalisation for the good fortune of the fortunate.

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

There's a certain part of the contented majority who love anybody who is worth a billion dollars.