As a scholarly discipline, economics has always suffered from physics envy.

But of course you can have your cake and eat it, too - if you decide to to bake a second cake. And you may well find that baking two cakes does not take twice the work of baking one.

The economic illusion is the belief that social justice is bad for economic growth.

When laissez-faire creates instability, the move to a freer market can be something less than pure gain.

In a world where technology and capital are highly transferable, there is a real risk that comparative advantage comes to be defined as whose labor force will work for the lowest wage.

If social security depresses savings rates, it is only because it is unfunded.

Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars.

Not surprisingly, extensive effort in Britain and America goes into finding tax shelter. the system is "efficient" for the shelter industry, not for the economy.

It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become - of all things - Wall Street's own slogan.

In practice, a good deal of the outcomes produced by the market reflect nothing more than luck - good or bad.

What do you call an economist with a prediction? Wrong.

Your voice falls on my ears like a rhapsody on a lonely shore.Perhaps like a molten metal which I gulp down thirstily and it soothes my throat with the warmth and freezes when it reaches my heart.

Mary-born Lord, humble us so that we also might say, "Let it be with me according to your word.

I insist on caprice as a necessary countermeasure to slavery. Otherwise, my own dictatorial mind must take -- unknown to me -- its instructions from a mastermind.

I looked up my family tree and found three dogs using it.

I don't read memoirs. But if you write a memoir, I would think you'd want people to know, "O.K., look, I've taken some liberties here." It's just a matter of being open with your readers.

Now I feel like whatever I do, no one can hurt me. I cannot be violated, I cannot be humiliated, I cannot be disregarded, I cannot be disrespected.

The handful of corporations that own most of the media outlets have an interest in reflecting establishment views.

Shall I show you the door...or would you rather go out through the wall?" - Maris

We never worry about the big things, just the small things.

I do have reasons for what I do. I am a very political person, and I really think if you put these clothes on, you will look like a force to be reckoned with.