Despite its scientific pretensions, economics still remains more of an art than a science

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.

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

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.

You can be young without money, but you can't be old without it.

I wish I could fly like that hawk, rising and falling with the still spaces in the air, far above all this sickness and death and evil.

The only thing what happens in the Houses of Parliament is the debate about foxes, badgers and moles

Equal and exact justice to all men, of whatever state or persuasion.

corporate America corrupted the watchdogs that were supposed to be guarding the public interest by feeding them under the table.

I don't know how I feel right now.

I am going with him, if he climbs to the Moon.

You gotta win. That's all it takes.

I am the greatest tennis player. The other players are like coins in my pocket that I give to a homeless man.

Some people attach snowboards to their feet, very few attach them to their souls.