“Economics and ethics have little in common.”

An appreciation of words is so rare that everybody naturally thinks he possesses it, and this universal sentiment results in the misuse of a material whose beauty enriches the loving student beyond the dreams of avarice.

It is impossible to withhold education from the receptive mind, as it is impossible to force it upon the unreasoning.

English civilization rests largely upon tea and cricket, with mighty spurts of enjoyment on Derby Day, and at Newmarket.

It is unwise to feel too much if we think too little.

It has been well said that tea is suggestive of a thousand wants, from which spring the decencies and luxuries of civilization.

A man who listens because he has nothing to say can hardly be a source of inspiration. The only listening that counts is that of the talker who alternately absorbs and expresses ideas.

The universality of a custom is pledge of its worth.

He is your friend, your partner, your defender, your dog. You are his life, his love, his leader. He will be yours, faithful and true, to the last beat of his heart. You owe it to him to be worthy of such devotion. Our dogs will love and admire the meanest of us, and feed our colossal vanity with their uncritical homage.

A kitten is chiefly remarkable for rushing about like mad at nothing whatever and generally stopping before it gets there.

The choice of a topic which will bear analysis and support enthusiasm, is essential to the enjoyment of conversation.

What monstrous absurdities and paradoxes have resisted whole batteries of serious arguments, and then crumbled swiftly into dust before the ringing death-knell of a laugh!

There is a natural limit to the success we wish our friends, even when we have spurred them on their way.

It is in his pleasure that a man really lives; it is from his leisure that he constructs the true fabric of self.

Lovers of the town have been content, for the most part, to say they loved it. They do not brag about its uplifting qualities. They have none of the infernal smugness which makes the lover of the country insupportable.

The age of credulity is every age the world has ever known. Men have always turned from the ascertained, which is limited and discouraging, to the dubious, which is unlimited and full of hope for everybody.

What strange impulse is it which induces otherwise truthful people to say they like music when they do not, and thus expose themselves to hours of boredom?

Political work is the life-blood of all economic work.

There can be economy only where there is efficiency.

If workers are more insecure, that’s very ‘healthy’ for the society, because if workers are insecure, they won’t ask for wages, they won’t go on strike, they won’t call for benefits; they’ll serve the masters gladly and passively. And that’s optimal for corporations’ economic health.

One of the best predictors of policy around is Thomas Ferguson’s investment theory of politics, as he calls it – very outstanding political economist – which essentially.

The 1950s and 1960s had been a period of enormous growth, the highest in American history, maybe in economic history.

If you spend 72 hours in a place you’ve never been, talking to people whose language you don’t speak about social, political, and economic complexities you don’t understand, and you come back as the world’s biggest know-it-all, you’re a reporter. Either that or you’re President Obama.

Globalization is simply opening the free marketplace to encompass the entire world.

Eventually the banking systems of all advanced economies reach magnitudes of 500 percent,