The behavior of the economy as a whole, at the aggregate, macro-level, is built up from the individual equations at the micro-level.

The linear, mechanistic view of the world which pervades orthodox economics is simply not capable of capturing the richness and complexity of the rhythms and fluctuations of developed economies.

Baseball players or cricketers do not need to be able to solve explicitly the non-linear differential equations which govern the flight of the ball. They just catch it.

The reader might reflect that an awful lot of supposing has to take place in order for the quantity theory of money to be true.

Even in financial markets, the concept of market efficiency does not hold.

Once the true relationship between inflation and unemployment is understood, with luck and skill, a free lunch is possible.

By any reasonable criteria, the discipline of economics as a whole, in its present state, is sadly lacking.

The temptation to use mathematics is irresistible for economists. It appears to convey the appropriate air of scientific authority and precision to economists' musings.

At 2 per cent growth a year, an economy doubles in size in just thirty years.

Despite the high salaries involved, employing economists is a cost-effective way for banks, and stockbrokers to secure exposure in the media.

Marriages can endure any difficulty with unfailing love and dedication.

For some, I realize, business is the all-out pursuit of profits, period, full stop, but for us business was no more about making money than being human is about making blood.

It's a moment that I'm after, a fleeting moment, but not a frozen moment.

From the described experiment it is clear that the mere act of eating, the food even not reaching the stomach, determines the stimulation of the gastric glands.

Try LSD, 100mg intramuscular... I thought so.

Tommy's [Gamble] an East Coast guy, so he kind of talks fast and in quick statements and phrases, so I understood him and he understood me, and we just hit it off.

We all lose someone at some point in our lives, But don't ever let go of that smile. Hold on forever, Because that's our final dedication.

Peace of mind comes from not wanting to change other, but by simply accepting them as they are. True acceptance is always without demands and expectations.

I recognize the lion by his paw.

Pathos activates the eyes and ears to see and hear. At times of pathos, illness opens doors to a reality which is closed to a healthy point of view.