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

Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget.

Education: the inculcation of the incomprehensible into the indifferent by the incompetent.

Newton was not the first of the age of reason, he was the last of the magicians.

I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past.

It is a mistake to think that one limits one’s risk by spreading too much between enterprises about which one knows little and has no reason for special confidence.

Like all his type, Newton was wholly aloof from women.