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

It is the long-term investor...who will in practice come in for the most criticism... For it is the essence of his behavior that he should be eccentric, unconventional, and rash in the eyes of average opinion

Thus, the weight of my criticism is directed against the inadequacy of the theoretical foundations of the laissez-faire doctrine upon which I was brought up and for many years I taught

Markets can remain irrational longer than you can remain solvent.

It's not bringing in the new ideas that's so hard; it's getting rid of the old ones.

Economics is a very dangerous science.

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