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

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.

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.

If you haven't cried at least once while writing a chapter of your inspirational book, then you have to ask yourself if your're writing fiction.

There is no shame in ignorance before a higher power but there is shame in arrogance.

Most people are in favor of change, as long as they can continue to do things the same as they always have.

How vain painting is-we admire the realistic depiction of objects which in their original state we don't admire at all.

Everyone hates a martyr; it's no wonder martyrs were burned at the stake.

After you've done it for so many years, you have to find a new direction. You have to find something in your soul that's going to push you towards - to find your inspiration.

Nature has cast but two men in the mould of statesmen,--myself and Mirabeau. After that she broke the mould.

I'm a pretty cliché actor in that I hate watching myself on film.

I hope each day to have done 10 seconds of good work that they can use in the film. And Im always afraid I didnt get those 10 seconds.

Unfortunately, my army consists of one unreliable criminal, one girl with a disability, and one incredibly foolish young vampire with a tanning issue. I am not confident.