A growing nation is the greatest ponzi game ever contrived.
Economics has never been a science- and it is even less now than a few years ago.
Economists have much to be humble about.
Every good cause is worth some inefficiency.
Forsake search for needles that are so very small in haystacks that are so very large.
Free markets do not stabilize themselves. Zero regulating is vastly suboptimal to rational regulating. Libertarianism is its own worst enemy!
Funeral by funeral, theory advances.
Good questions outrank easy answers.
If we made an income pyramid out of a child's blocks, with each layer portraying $1,000 of income, the peak would be far higher than the Eiffel Tower, but almost all of us would be within a yard of the ground.
It is not easy to get rich in Las Vegas, at Churchill Downs, or at the local Merrill Lynch office.
Macroeconomics, even with all of our computers and with all of our information. is not an exact science and is incapable of being an exact science.
Man does not live by GNP alone.
Politicians like to tell people what they want to hear- and what they want to hear is what won't happen.
Profits are the lifeblood of the economic system, the magic elixir upon which progress and all good things depend ultimately. But one man's lifeblood is another man's cancer.
Reasonable men are not reasonable when you're in the bubbles which have characterized capitalism since the beginning of time.
The stock market has predicted nine of the last five recessions.
There is something in people; you might even call it a little bit of a gambling instinct... I tell people investing should be dull. It shouldn't be exciting. Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
Found 17 occurence(s) in 51,796 quotation(s).