Economics is concerned with what emerges, not what anyone intended.

At least half of the popular fallacies about economics come from assuming that economic activity is a zero-sum game, in which what is gained by someone is lost by someone else. But transactions would not continue unless both sides gained, whether in international trade, employment, or renting an apartment.

Although I am ready to defend what I have said, many people expect me to defend what others have attributed to me.

It is bad enough that so many people believe things without any evidence. What is worse is that some people have no conception of evidence and regard facts as just someone else's opinion.

There is no bigger waste of time than doing 90% of what is necessary.

The real minimum wage is zero.

When people get used to preferential treatment, equal treatment seems like discrimination.