You can see the computer age everywhere but in the productivity statistics.

It is a good idea to be ambitious, to have goals, to want to be good at what you do, but it is a terrible mistake to let drive and ambition get in the way of treating people with kindness and decency. The point is not that they will then be nice to you. It is that you will feel better about yourself.

The world can, in effect, get along without natural resources, so exhaustion is just an event, not a catastrophe.

Everything reminds Milton of the money supply. Well, everything reminds me of sex, but I keep it out of the paper.

But part of the job of economics is weeding out errors. That is much harder than making them, but also more fun.

There is not some glorious theoretical synthesis of capitalism that you can write down in a book and follow. You have to grope your way

I remember once reading that it is still not understood how the giraffe manages to pump an adequate blood supply all the way up to its head; but it is hard to imagine that anyone would conclude tht giraffes do not have long necks. At least not anyone who had ever been to a zoo