The growth of a nation's productive potential is the central factor in determining its growth in real wages and living standards.... high rates of investment and saving usually have a big payoff in promoting economic growth.

Politicians like to tell people what they want to hear - and what they want to hear is what won't happen.

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

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

I don't care who writes a nation's laws - or crafts its advanced treaties - if I can write its economics textbooks.

The growth of a nation's productive potential is the central factor in determining its growth in real wages and living standards.... high rates of investment and saving usually have a big payoff in promoting economic growth.

It isn't that greed's increased. What's increased is the realization that you've got a free field to reach out for what you'd like to do.