Every good cause is worth some inefficiency.

Marshall's crime is to pretend to handle imperfect competition with tools only applicable to perfect competition.

If we made an income pyramid out of a child's blocks, with each layer portraying $1,000 of income, the peak would be far higher than the Eiffel Tower, but almost all of us would be within a yard of the ground.

Profits are the lifeblood of the economic system, the magic elixir upon which progress and all good things depend ultimately. But one man's lifeblood is another man's cancer.

We are like highly trained athletes, who never run a race.

But the trouble is that he [Alan Greenspan] had been an Ayn Rander. You can take the boy out of the cult but you can't take the cult out of the boy.

Let those who will write the nation's laws, if I can write its textbooks.