The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.

It is possible that people need to believe they are unmanaged if they are to be managed effectively.

Of all classes the rich are the most noticed and the least studied.

There's no question that in my lifetime, the contrast between what I called private affluence and public squalor has become very much greater. What do we worry about? We worry about our schools. We worry about our public recreational facilities. We worry about our law enforcement and our public housing. All of the things that bear upon our standard of living are in the public sector.

Of late I have searched diligently to discover the advantages of age, and there is, I have concluded, only one. It is that lovely women treat your approaches with understanding rather than with disdain.

There is something wonderful in seeing a wrong-headed majority assailed by truth.

No hungry man who is also sober can be persuaded to use his last dollar for anything but food.