Liberalism Is, I Think, Resurgent. One Reason

If People Are Hungry, Ill-clad, Unsheltered Or Diseased, Nothing Is So Important As To Remedy Their Condition.

Financial Operations Do Not Lend Themselves To Innovation. What Is Recurrently So Described And Celebrated Is, Without Exception, A Small Variation On An Established Design . . . The World Of Finance Hails The Invention Of The Wheel Over And Over Again, Often In A Slightly More Unstable Version.

I've Been A Faithful Reader Of The Great Classical Documents Of Economics, Or Tried To Be. The First Book In The Field That I Ever Read Was Principles Of Economics By Alfred Marshall. I Suppose Subsequently I Would Have To Pick Out Keynes, Adam Smith, Marx.

Milton Friedman’s Misfortune Is That His Economic Policies Have Been Tried.

Good Writing, And This Is Especially Important In A Subject Such As Economics, Must Also Involve The Reader In The Matter At Hand. It Is Not Enough To Explain. The Images That Are In The Mind Of The Writer Must Be Made To Reappear In The Mind Of The Reader, And It Is The Absence Of This Ability That Causes Much Economic Writing To Be Condemned, Quite Properly, As Abstract.