An economy may be in equilibrium from a short-period point of view and yet contain within itself incompatibilities that are soon going to knock it out of equilibrium.

The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.

The only thing worse than being exploited by capitalism is not being exploited by capitalism.

Ideology is like breath: you never smell your own.

The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured in terms of money are the only ones that ought to count.

The point of studying economics is so as not to be fooled by economists.

Whatever you can rightly say about India, the opposite is also true.

Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat in full view of the audience.

The nature of technology depends very much upon what the public can be induced to put up with.

Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done.

science progresses by trial and error, and when it is forbidden to admit error there can be no progress.

Unless we free ourselves from a dependence on these fossil fuels... we are condemning future generations to global catastrophe

Risk is to do something that 99 percent of the time would be a failure.

There are two stories for every life; the one you live & the one others tell

The so-called nouvelle cuisine usually means not enough on your plate and too much on your bill.

I think it's impossible for any of us not to find television, and the political process at its best on television, compelling.

Everybody is looking for a hit single but what the artists really need is an executive producer to help put better albums out.

You write to become immortal, or because the piano happens to be open, or you've looked into a pair of beautiful eyes.

True humor springs not more from the head than from the heart. It is not contempt; its essence is love. It issues not in laughter, but in still smiles, which lie far deeper.

In my old age there is a coming into flower. My body wanes; my mind waxes.

A new world is only a new mind.