In economics, the majority is always wrong.

Preservationists are the only people in the world who are invariably confirmed in their wisdom after the fact.

World War II revealed two of the enduring features of the Keynesian Revolution. One was the moral difference between spending for welfare and spending for war. During the Depression very modest outlays for the unemployed seemed socially debilitating, economically unsound. Now expenditures many times greater for weapons and soldiers were perfectly safe. It's a difference that still persists.

Decision has greater virtue and force if taken after there has been eloquent dissent.

Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.

All successful revolutions are the kicking in of a rotten door. The violence of revolutions is the violence of men who charge into a vacuum.

In all modern depressions, recessions, or growth-correction, as variously they are called, we never miss the goods that are not produced. We miss only the opportunities for the labour - for the jobs - that are not provided.