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

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

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.

Let fascism find not even a single passage to power or else that poisonous snake will infiltrate into the every vital corner of the country and kill the future of the nation!

Strong could be dealt with—but crazy? Oh no. You never knew what the crazy were going to do.

He placed his hand on Willem's arm. 'Willem, don't cry.''I'm not going to, ' he said. 'I can do other things in life besides cry, you know, ' although he was no longer sure that was even true.

What does so-called success or failure matter if only you have succeeded in doing the thing you set out to do. The doing is all that really counts.

True love is like ghosts which everybody talks about and few have seen.

Great music completely obliterates any conceptions of genre.

If we fail to look after others when they need help, who will look after us?

I think if I produced a show I would not want to be part of that production. That's not... I'm not... I mean, I couldn't even sell Boy Scout chocolate bars when I was a kid!

The most distinctive, and perhaps the most impressive, characteristic of American scenery is its wilderness.

Although we are free by the law, we are not so in practice.