Economics Is Not An Exact Science.

In Economics, Hope And Faith Coexist With Great Scientific Pretension And Also A Deep Desire For Respectability.

Writing Is A Long And Lonesome Business; Back Of The Problems In Thought And Composition Hover Always The Awful Questions: Is This The Page That Shows The Empty Shell? Is It Here And Now That They Find Me Out?

There Is Little That Can Be Said About Most Economic Goods. A Toothbrush Does Little But Clean Teeth. Aspirin Does Little But Dull Pain. Alcohol Is Important Mostly For Making People More Or Less Drunk ... There Being So Little To Be Said, Much Is To Be Invented.

Technology Means The Systematic Application Of Scientific Or Other Organized Knowledge To Practical Tasks.

One Of The Little-celebrated Powers Of Presidents (and Other High Government Officials) Is To Listen To Their Critics With Just Enough Sympathy To Ensure Their Silence.