You wouldn't think there was a need for a Coase Theorem, really.

Sports are the reason I am out of shape. I watch them all on TV.

Conservatism is the maintenance of conventions already in force.

Life is not a multiple choice test, it's an open-book essay exam.

The most valuable of all capital is that invested in human beings

If Wall Street crashes, does Main Street follow? Not necessarily.

Different countries have different kinds of financial structures.

Money is neither a material to work upon nor a tool to work with.

He who lives by the crystal ball soon learns to eat ground glass.

Adhering to budgeting rules shouldn't trump good decision-making.

Private property implies exclusivity, inequality, and difference.

To enable men to exercise that power is the object of protection.

Germany stays and falls with the success of the policy of Hitler.

We need balanced programs, balanced priorities on the fiscal side

It is impossible to add the stock of money to the flow of saving.

Nothing so denies a person liberty as the total absence of money.

Markets can remain irrational longer than you can remain solvent.

Successful investing is anticipating the anticipations of others.

I don't feel the least humble before the vastness of the heavens.

Everywhere, you have a fatigue for reform... that's very serious.

We are born to love, as we are born to breathe and eat and drink.

Legal and illegal activities had become inextricably intertwined.

The only thing useful banks have invented in 20 years is the ATM.

As the flower is before the fruit, so is faith before good works.

Any time you have change, it costs somebody. Somebody is a loser.

There are few things more dishonorable than misleading the young.

All statements are true, if you are free to redefine their terms.

The last duty of a central banker is to tell the public the truth.

They set a low bar for Donald Trump, and he banged his head on it.

Sometimes pessimism or optimism gets popular, and it's contagious.

The main concern with a very large baby is difficulty in delivery.

Someday we'll look back on this moment and plow into a parked car.

Nothing is more securely lodged than the ignorance of the experts.

Competition means decentralized planning by many separate persons.

Aside from theology and sex there is really nothing to talk about.

Currency warfare is the most destructive form of economic warfare.

More die in the United States of too much food than of too little.

Why is anything intrinsically so valueless so obviously desirable?

I think the role of the Federal Reserve is enormously exaggerated.

Logic , like lyrical poetry , is no employment for the middle-aged

Providing investors with recourse against governments is valuable.

Education is still, in spite of private education, a state matter.

If we saw tomorrow's newspaper today, tomorrow would never happen.

The process of consumption is the final act in the economic drama.

You never can cure poverty. Poverty is in the eye of the beholder.

It is dead wrong about necessary surplus of winnings over losings.

The Gods are unkind and deny us knowledge of what the future holds

He that is not open to conviction is not qualified for discussion.

I'm not as pessimistic as what a number of people seem to believe.

Subsidies are a shell game, not a net addition to national wealth.

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