I predict, not because I know, but because I'm asked.

In the conventional wisdom of conservatives, the modern search for security is regularly billed as the greatest single threat to economic progress.

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.

The happiest time of anyone's life is just after the first divorce.

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.

Inventions that are not made, like babies that are not born, are rarely missed. In the absence of new developments, old ones may seem very impressive for quite a long while.

It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.