There Is No Harm In Being Sometimes

It Economics Is A Method Rather Than A Doctrine, An Apparatus Of The Mind, A Technique Of Thinking Which Helps Its Possessor To Draw Correct Conclusions.

It Is A Mistake To Think That One Limits One’s Risk By Spreading Too Much Between Enterprises About Which One Knows Little And Has No Reason For Special Confidence.

When The Facts Change, I Change My Mind.

I Find Myself More And More Relying For A Solution Of Our Problems On The Invisible Hand Which I Tried To Eject From Economic Thinking Twenty Years Ago.

Thus Those Reformers, Who Look For A Remedy By Creating Artificial Carrying-costs For The Money Through The Device Of Requiring Legal-tender Currency To Be Periodically Stamped At A Prescribed Cost In Order To Retain Its Quality As Money, Or In Analogous Ways, Have Been On The Right Track; And The Practical Value Of Their Proposals Deserves Consideration.