No society ever seems to have succumbed to boredom. Man has developed an obvious capacity for surviving the pompous reiteration of the commonplace.

Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.

Milton Friedman’s misfortune is that his economic policies have been tried.

Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything.

Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.

No intelligence system can predict what a government will do if it doesn't know itself.

Of all classes the rich are the most noticed and the least studied.