The more underdeveloped the country, the more overdeveloped the women.

If all else fails immortality can always be assured by adequate error.

Only in very recent times has the average man been a source of savings.

Very important functions can be performed very wastefully and often are.

There are times in politics when you must be on the right side and lose.

It takes some skill to spoil a breakfast - even the English can't do it.

To add to the technostructure is to increase its power in the enterprise.

It is almost as important to know what is not serious as to know what is.

If all else fails, immortality can always be assured by spectacular error.

Foresight is an imperfect thing - all prevision in economics is imperfect.

Much discussion of money involves a heavy overlay of priestly incantation.

The enemy of the conventional wisdom is not ideas but the march of events.

Who is king in the world of the blind when there isn't even a one eyed man?

Milton Friedman’s misfortune is that his economic policies have been tried.

In economics it is a far, far wiser thing to be right than to be consistent

Politics is the art of choosing between the disastrous and the unpalatable.

Under capitalism, man exploits man. Under communism, it's just the opposite.

The conventional view serves to protect us from the painful job of thinking.

The privileged have regularly invited their own destruction with their greed.

If inheritance qualifies one for office, intelligence cannot be a requirement.

One of the greatest pieces of economic wisdom is to know what you do not know.

Power is not something that can be assumed or discarded at will like underwear.

If there must be madness, something may be said for having it on a heroic scale

Inventions that are not made, like babies that are not born, are rarely missed.

The process by which banks create money is so simple that the mind is repelled.

The foresight of financial experts was, as so often, a poor guide to the future.

Men are, in fact, either sustained by organization or they sustain organization.

The only function of economic forecasting is to make astrology look respectable.

In the United States, though power corrupts, the expectation of power paralyzes.

There is something wonderful in seeing a wrong-headed majority assailed by truth.

Under the privilege of the First Amendment many, many ridiculous things are said.

Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.

Getting on the cover of TIME guarantees the existence of opposition in the future.

I am worried about our tendency to over invest in things and under invest in people.

At best, in such depression times, monetary policy is a feeble reed on which to lean.

The complaints of the privileged are too often confused with the voice of the masses.

Decision has greater virtue and force if taken after there has been eloquent dissent.

Agriculture is one economic activity that does not obey the laws of demand and supply.

Educators have yet to realize how deeply the industrial system is dependent upon them.

Foreign policy is conducted for the convenience and enjoyment of people in Washington.

No intelligence system can predict what a government will do if it doesn't know itself.

Third party politics, at least since La Follette, has always had an element of romance.

My rule on honorary degrees has always been to have one more than Arthur Schlesinger Jr.

Unemployment is rarely considered desirable except by those who have not experienced it.

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

When everything else failed, we can still become immortal by making an enormous blunder.

The Metropolis should have been aborted long before it became New York, London or Tokyo.

A person buying ordinary products in a supermarket is in touch with his deepest emotions.

It's much easier to point out the problem than it is to say just how it should be solved.

I've been a faithful reader of the great classical documents of economics, or tried to be.

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