A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives.

There is nothing as dangerous as an economist who only knows economics except the moral philosopher who knows no economics.

Careers increasingly come with a reboot button, and companies that realize this early possess a competitive talent advantage

Oil may run out, liquidity may dry up, but as long as ink flows freely, the next chapter of Life will continue to be written.

Scholars have long debated whether capital markets lead to appropriate levels of saving and investment for future generations.

Sooner or later the Internet will become profitable. It's an old story played before by canals, railroads and automobiles.

It turned out that capitalism alone could make people not only rich and happy but also poor, hungry, miserable, and powerless.

The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble.

The curious mind embraces science; the gifted and sensitive, the arts; the practical, business; the leftover becomes an economist

The experience of history should lead us to hope and strive to make the world better, not to despair and resign ourselves to fate.

There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.

In the Soviet Union you weren’t allowed to speak out against the government. In the US you cannot speak out against sponsors.

There are sufficient resources in the world for the needs of everybody, but not enough for the greed of even a significant minority.

My cat’s favorite sport is economics, and his favorite player is Ben Bernanke. But it’s just too violent for me to enjoy.

Nothing is easier to achieve than full employment, once it is divorced from the goal of full production and taken as an end in itself