Only Foolish People Are Completely Secure.

I Write With Two Things In Mind. I Want To Be Right With My Fellow Economists. After All, I've Made My Life As A Professional Economist, So I'm Careful That My Economics Is As It Should Be. But I Have Long Felt That There's No Economic Proposition That Can't Be Stated In Clear, Accessible Language. So I Try To Be Right With My Fellow Economists, But I Try To Have An Audience Of Any Interested, Intelligent Person.

The Present Age Of Contentment Will Come To An End Only When And If The Adverse Developments That It Fosters Challenge The Sense Of Comfortable Well-being

The Income Men Derive From Producing Things Of Slight Consequence Is Of Great Consequence. The Production Reflects The Low Marginal Utility Of The Goods To Society. The Income Reflects The High Total Utility Of A Livelihood To A Person.

Ideas Are Inherently Conservative. They Yield Not To The Attack Of Other Ideas But To The Massive Onslaught Of Circumstance With Which They Cannot Contend.

Power Is Not Something That Can Be Assumed Or Discarded At Will Like Underwear.