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

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.

Markets can remain irrational longer than you can remain solvent.

Life is painting a picture not doing a sum.

You find that the things you let go of while following Jesus were the things that were going to destroy you in the end.

Years ago, as I was beginning my professional career on Wall Street, I volunteered as a Big Brother in New York City.

Actors are cave dwellers in a rich darkness which they love and hate.

To hear the faint sound of oars in the silence as a rowboat comes slowly out and then goes back is truly worth all the years of sorrow that are to come.

I speak onstage to try to establish some method of communication. The songs are supposed to be a way of communicating. But speech and drinks and sometimes chocolates are also a way of communicating.

India's infrastructure has to be modernized, has to be expanded at a rate which will I think be consistent with the growth requirements.

Slowing down is sometimes the best way to speed up.

Wars come and wars go but the world does not change: it will always forget an indebtedness which it thinks it expedient not to remember.

Words have a magical power. They can either bring the greatest happiness or the deepest despair.