There is an enormous thrust in our time to have a simple answer. And that simple answer is that all depends on Alan Greenspan and the Federal Reserve. And Alan, who is an old acquaintance of mine, is a marvelous performer in the impression he gives of enormously great perception.

Authorship of any sort is a fantastic indulgence of the ego.

Among all the world's races, some obscure Bedouin tribes possibly apart, Americans are the most prone to misinformation. This is not the consequence of any special preference for mendacity, although at the higher levels of their public administration that tendency is impressive. It is rather that so much of what they themselves believe is wrong.

Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.

We talk of the enormous virtues of work, but it turns out that that is mostly for the poor. If you're rich enough or if you're a college professor, the virtue lies in leisure and the use you make of your leisure time.

The fully planned economy, so far from being unpopular, is warmly regarded by those who know it best.

It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.