The avoidance of taxes is the only intellectual pursuit that still carries any reward.

The difficulty lies, not in the new ideas, but in escaping from the old ones.

Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

When the facts change, I change my mind.

It is better to be roughly right than precisely wrong.

The biggest problem is not to let people accept new ideas, but to let them forget the old ones.

If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.

The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.

Long run is a misleading guide to current affairs. In the long run we are all dead.

The boom, not the slump, is the right time for austerity at the Treasury.

A 65 year old woman questioning herself is no different than a 15 year old girl launching herself.

The more you know, the more you yearn for knowledge.

Strive to be optimistic rather than pessimistic— forgiving rather than a grudge holder.

True happiness flows from the possession of wisdom and virtue and not from the possession of external goods.

I don't want to talk about methods of killing. But what is the difference between a bomb worn on the body and one dropped from an airplane? Both of them kill people.

A man's own vanity is a swindler that never lacks for a dupe.

Adaptation is a profound process. Means you figure out how to thrive in the world.

I don't always expect good from people. I always expect the bad and I am pleasantly surprised when they are nice.

The Confucian concept and Chinese ideograms for 'woman' and for 'slave' are the same.

Rewriting is the essence of writing well - where the game is won or lost.