War remains the decisive human failure.

The idea behind stamped money is sound.

I say just put a big fat tax on carbon.

If stocks are optimistic, then so am I.

Throughout history, ideas need patrons.

Statistics do not speak for themselves.

Why tie to gold? Why not 1982 Bordeaux?

Good manners are a part of good morals.

The conventional wisdom is often wrong.

The free lunch has still to be invented.

If you have to forecast, forecast often.

As people do a task, they improve at it.

The mind cannot foresee its own advance.

When the facts change, I change my mind.

Where there is hypocrisy, there is hope.

Economists have much to be humble about.

Politicians exploit economic illiteracy.

Fashion is capitalism's favourite child.

Germany is dictating its policy in Europe

In government, the scum rises to the top.

History is on the side of the regulators.

The economy is a very sensitive organism.

No ethic is as ethical as the work ethic.

It is not good to cut exports or imports.

Nothing is so treacherous as the obvious.

Integrative power [is] the ultimate power

How do you hold down government spending?

Competition for status is a zero sum game

Leaders are important but not omnipotent.

If I've made myself clear, I've misspoken.

But rules cannot substitute for character.

Poverty is the deprivation of opportunity.

If goods don't cross borders, armies will.

Culture changes with economic development.

Only foolish people are completely secure.

The perennial gale of creative destruction

GDP tells you nothing about sustainability

We make our tools, and then they shape us.

Wall Street has become a veritable casino.

Inflation is taxation without legislation.

There is no good way of measuring poverty.

Possibilities don't add up, they multiply.

Credentialed ignorance is still ignorance.

Socialism is just another form of tyranny.

Rise above principle and do what is right.

Chairman Greenspan is, of course, a master.

Renewable energy is no longer a niche fuel.

Liberty and responsibility are inseparable.

In economics, the majority is always wrong.

We have to be more modest in what we claim.

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