Pundits forecast not because they know, but because they are asked.

It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.

Nothing is so admirable in politics as a short memory.

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.

War remains the decisive human failure.

The notion that you would initiate a new product without preparing the way by persuasion and advertising and salesmanship is fantastic. It's an integral part of the system.

To see economic policy as a problem of choice between rival ideologies is the greatest error of our time.