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

In the old days, land was important as the giver of all things. That period is gone now. Technology and brainpower are all that matters and yet conflicts over land, specially one like on the India-China border, that yields nothing, continue. This is a burden of ancient history that we continue to carry. If tomorrow there is settlement on planet Mars, we will begin to worry if others are interested.

If you're rich you can buy books. If you're poor, you need a library.

Economic stimulation that works through the increased outlays to the affluent has, inevitably, an aspect of soundness and sanity that is lacking in expenditure on behalf of the undeserving poor.

A person buying ordinary products in a supermarket is in touch with his deepest emotions.

In any great organization it is far, far safer to be wrong with the majority than to be right alone.

Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.