Economics has never been a science - and it is even less now than a few years ago.

Contrary to what many skeptics had earlier believed, the Soviet economy is proof that a socialist command economy can function and even thrive.

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.

Our ideal society finds it essential to put a rent on land as a way of maximizing the total consumption available to the society. ...Pure land rent is in the nature of a 'surplus' which can be taxed heavily without distorting production incentives or efficiency. A land value tax can be called 'the useful tax on measured land surplus'.

I don't care very much for the People Magazine approach to applied economics.

Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

Thousands of important and intelligent men have never been able to grasp the principle of comparative advantage or believe it even after it was explained to them