“But material success is possible in this world and far more satisfying when it comes without exploiting others.”

History cannot be reduced to a set of statistics and probabilities.

Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.

The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.

I have one other issue I’d like to throw on the table. I hesitate to do it, but let me tell you some of the issues that are involved here.

Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices.

There is no safe store of value. Deficit spending is simply a scheme for the hidden confiscation of wealth.

At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-stock, wage-skill differentials would be stable.

And she always has so much fun doing it. We make a good team.

I’ve been in and out of Wall Street since 1949, and I’ve never seen the type of animosity between government and Wall Street. And I’m not sure where it comes from, but I suspect it’s got to do with a general schism in this society which is really becoming ever more destructive.

As long as we issue fiat currency, I see no alternative to a legal tender law.

The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.

Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity are in a state of shocked disbelief.

The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.

Gold stands in the way of this insidious process. It stands as a protector of property rights.

I have long argued that paying down the national debt is beneficial for the economy.

Productivity is notoriously difficult to predict.

Good writing is about finding and exploiting anecdotes that resonate with the reader. In storytelling, it’s OK if you only make one point, as long as it’s a good one.

Capitalism survives by forcing the majority, whom it exploits, to define their own interests as narrowly as possible.

Women are the only exploited group in history to have been idealized into powerlessness.

We die long before women do, with our hearts exploding or our blood pressure rising or our livers eaten away by alcohol because that lake of grief inside us has no outlet.

The protean nature of the computer is such that it can act like a machine or like a language to be shaped and exploited.

Such development has only one true name, and that is exploitation.

Russia has a strategy of creating the conditions that give rise to corruption, then exploiting that corruption to its own benefit.

If I have done any honorable exploit, that is my monument; but if I have done none, all your statues will signify nothing.