“The number of mistakes I have made are just awesome. There is no number large enough to account for that.”

Need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path.

If prices go down, we will have problems – problems in the sense of spillover to other areas.

I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market.

The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills’.

Before I met Ayn Rand, I was a logical positivist, and accordingly,

Was sort of intellectually shocked. Contagion is the critical phenomenon which causes the thing to fall apart.

And whatever their publicized angst over Saddam Hussein’s ‘weapons of mass destruction.

Senator, we are groping for understanding, the knowledge you assume I possess doesn’t exist’.

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

I guess I should warn you, if I turn out to be particularly clear, you’ve probably misunderstood what I’ve said.

Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage pricing mechanism.

Fear and euphoria are dominant forces, and fear is many multiples the size of euphoria. Bubbles go up very slowly as euphoria builds.

The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses…

Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.

Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.

Senator, if I seem clear to you, you must have misunderstood me’.

The Sun is a mass of fiery stone, a little larger than Greece.

There is no smallest among the small and no largest among the large, but always something still smaller and something still larger.

Routine, measurable, and collective actions both small and large will make an impact.

I’ve developed a large vocabulary of sounds each requiring certain physical techniques often combined with a specific effect box.

The transformation of the social world is at its heart the transformation of personal relations. That’s the key to transforming society in the larger arena.

We’re allowed to explore the world at large on these things; the urban-legend aspect of it is just kind of an excuse.

I also readily admit that there are animals, taken in the ordinary sense, that are incomparably larger than those we know of, and I have sometimes said in jest that there might be a system like ours which is the pocketwatch of some enormous giant.

There’s nothing wrong with being a large mammal.