The importance of money flows from it being a link between the present and the future.

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.

Long run is a misleading guide to current affairs. In the long run we are all dead.

The difficulty lies, not in the new ideas, but in escaping the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.

The Economic Problem...the problem of want and poverty and the economic struggle between classes and nations, is nothing but a frightful muddle, a transitory and unnecessary muddle.

Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.

When my information changes, I alter my conclusions. What do you do, sir?