Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable.
Clearly the most unfortunate people are those who must do the same thing over and over again, every minute, or perhaps twenty to the minute. They deserve the shortest hours and the highest pay.
Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.
I write with two things in mind. I want to be right with my fellow economists. After all, I’ve made my life as a professional economist, so I’m careful that my economics is as it should be. But I have long felt that there’s no economic proposition that can’t be stated in clear, accessible language. So I try to be right with my fellow economists, but I try to have an audience of any interested, intelligent person.
If all else fails immortality can always be assured by adequate error.
In all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably, contentedly, even happily wrong.
In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings.
Under capitalism, man exploits man. Under communism, it’s just the opposite.