The problem of the modern economy is not a failure of a knowledge of economics; it's a failure of a knowledge of history.

Third party politics, at least since La Follette, has always had an element of romance.

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

People who are in a fortunate position always attribute virtue to what makes them so happy.

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

Genius is a rising stock market.

The enemy of the conventional wisdom is not ideas but the march of events.