Good questions outrank easy answers.

Macroeconomics, even with all of our computers and with all of our information - is not an exact science and is incapable of being an exact science.

Economists have much to be humble about.

The failure of market catallactics in no way denies the following truth: given sufficient knowledge the optimal decisions can always be found by scanning over all the attainable states of the world and selecting the one which according to the postulated ethical welfare function is best. The solution 'exists'; the problem is how to 'find' it.

Economists are said to disagree too much but in ways that are too much alike: If eight sleep in the same bed, you can be sure that, like Eskimos, when they turn over, they'll all turn over together.

Man does not live by GNP alone.

It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office.