Computers show up everywhere except the growth statistics.

Suppose someone sits down where you are sitting right now and announces to me that he is Napoleon Bonaparte. The last thing I want to do with him is to get involved in a technical discussion of cavalry tactics at the Battle of Austerlitz. If I do that, I'm getting tacitly drawn into the game that he is Napoleon Bonaparte.

Why does a public discussion of economic policy so often show the abysmal ignorance of the participants?

Everything reminds Milton of the money supply. Well, everything reminds me of sex, but I keep it out of the paper.

If God had meant there to be more than two factors of production, He would have made it easier for us to draw three-dimension al diagrams.

There is not some glorious theoretical synthesis of capitalism that you can write down in a book and follow. You have to grope your way

You can see the computer age everywhere but in the productivity statistics.