Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.
From John Maynard Keynes
The difficulty lies not so much in developing new ideas as in escaping from old ones.
The avoidance of taxes is the only intellectual pursuit that still carries any reward.
Ideas shape the course of history.
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.
Long run is a misleading guide to current affairs. In the long run we are all dead.
In the long run we are all dead.
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
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