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

Unemployment is rarely considered desirable except by those who have not experienced it.

Nostalgia combines regularly with manifest respectability to give credence to old error as opposed to new truth.

I begin with the renaming of the system. It used to be capitalism. But that evokes [Karl] Marx and [John] Rockefeller. So now we speak of the market system. That is a nice bland expression, which forgets those off-color references.

In all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably, contentedly, even happily wrong.

By all but the pathologically romantic, it is now recognized that this is not the age of the small man.

I talked about the consolidation of power in the hands of the corporate bureaucracy, as distinct from the stockholders. To this view, I still strongly adhere.