I consider that interest is determined by the increment of produce which it enables a labourer to obtain, and is altogether independent of the total return which he receives for this labour.

Value is the most invincible and impalpable of ghosts, and comes and goes unthought of, while the visible and dense matter remains as it was.

A little experience is worth much argument; a few facts are better than any theory.

Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory.

The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility.

we often observe that there is abundance of capital to be had at low rates of interest, while there are also large numbers of artisans starving for want of employment.

As a general rule, it is foolish to do just what other people are doing, because there are almost sure to be too many people doing the same thing.

Logic should no longer be considered an elegant and learned accomplishment; it should take its place as an indispensable study for every well-informed person.

The theory which follows is entirely based on a calculus of pleasure and pain; and the object of economics is to maximize happiness by purchasing pleasure, as it were, at the lowest cost of pain.

but, in reality, there is no such thing as an exact science.

A correct theory is the first step towards improvement, by showing what we need and what we might accomplish.

Sometimes the only way to gain someone's favor is to stop giving them yours.

Freedom for freedoms sake."~R. Alan Woods [2006]

A good teacher can inspire hope, ignite the imagination, and instill a love of learning.

Some people think that religion is not essential to society. I do not hold this view. I consider the foundation of religion to be essential to the life and practices of a society.

In politics, madame, you need two things: friends, but above all an enemy.

Yoga aims for complete awareness in everything you do.

In the absence of a natural disaster we are left again to our own uneasy devices.

They say I killed six or seven men for snoring. Well, it ain't true. I only killed one man for snoring.

If nobody speaks of remarkable things, how can they be called remarkable?

Being the gateway to a large city, St. Louis, I had felt from the very beginning that somehow this building should symbolize this sense of being a gateway.