Every Good Cause Is Worth Some Inefficiency.

The Growth Of A Nation's Productive Potential Is The Central Factor In Determining Its Growth In Real Wages And Living Standards.... High Rates Of Investment And Saving Usually Have A Big Payoff In Promoting Economic Growth.

Two-thirds Of A Century After [the Road To Serfdom] Got Written, Hindsight Confirms How Inaccurate Its Innuendo About The Future Turned Out To Be.

We Are Like Highly Trained Athletes, Who Never Run A Race.

That's What I Would Like To Do Until The End Of Time, To Go On Scribbling My Articles On The Third Floor Of The Sloan Building, In Between Playing Tennis And Drinking Coffee At My Other Study In The Concord Avenue Branch Of Burger King.

Macroeconomics, Even With All Of Our Computers And With All Of Our Information - Is Not An Exact Science And Is Incapable Of Being An Exact Science.