“If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.”

Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write always sub specie temporis , and achieve immortality by accident, if at all.

The introduction of a substantial Government transfer tax on all transactions might prove the most serviceable reform available,with a view to mitigating the predominance of speculation in the United States.

When I find new information I change my mind; What do you do?

The power to become habituated to his surroundings is a marked characteristic of mankind.

Never in history was there a method devised of such efficacy for setting each country’s advantage at variance with its neighbours’ as the international gold (or, formerly, silver) standard.

Once we allow ourselves to be disobedient to the test of an accountant’s profit, we have begun to change our civilization.

I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself is in many ways extremely objectionable.

One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their job, in fact, to register the fact accomplished.

When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals.

The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.

Experience shows that what happens is always the thing against which one has not made provision in advance.

The difficulty lies, not in the new ideas, but in escaping from the old ones.

Education: the inculcation of the incomprehensible into the indifferent by the incompetent.

It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.

Thus, the weight of my criticism is directed against the inadequacy of the theoretical foundations of the laissez-faire doctrine upon which I was brought up and for many years I taught

It is better to be roughly right than precisely wrong.

The issuing power should be taken from the banks and restored to the people to whom it properly belongs.

I believe that banking institutions are more dangerous to our liberties than standing armies.

If you do not see great riches in your imagination, you will never see them in your bank balance.

Entrepreneurs are always taking feedback, especially from their customers, bankers, workers, and sales force.

A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain.

It should be the power of our vote, not the size of our bank accounts, that drives our democracy.

Laughing all the way to the bank, I spray flames. They cannot tame or placate the monster.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.