Change comes not from men and women changing their minds, but from the change from one generation to the next.

I was brought up in southwestern Ontario where we were taught that Canadian patriotism should not withstand anything more than a five-dollar-a-month wage differential. Anything more than that and you went to Detroit.

The income men derive from producing things of slight consequence is of great consequence. The production reflects the low marginal utility of the goods to society. The income reflects the high total utility of a livelihood to a person.

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

Where humor is concerned there are no standards - no one can say what is good or bad, although you can be sure that everyone will.

I think the role of the Federal Reserve is enormously exaggerated.

In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings.