It is the duty of the long-term investor to endure great losses with equanimity.

It economics is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions.

The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.

Most men love money and security more, and creation and construction less, as they get older.

The engine which drives enterprise is not thrift, but profit.

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

To suggest social action for the public good to the city London is like discussing The Origin of Species to a Bishop sixty years ago.