The art of economics consists in looking not merely at the immediate but at the longer effects of any act read more

The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

Fair play with others is primarily the practice of not blaming them for anything that is wrong with us. We read more

Fair play with others is primarily the practice of not blaming them for anything that is wrong with us. We tend to rub our guilty conscience against others the way we wipe dirty fingers on a rag. This is as evil a misuse of others as the practice of exploitation.

Governments will always misuse the machinery of the law as far as the state of public opinion permits.

Governments will always misuse the machinery of the law as far as the state of public opinion permits.

By the end, everybody had a label -- pig, liberal, radical, revolutionary ... If you had everything but a gun, read more

By the end, everybody had a label -- pig, liberal, radical, revolutionary ... If you had everything but a gun, you were a radical but not a revolutionary.

The deadliest foe of democracy is not autocracy but liberty frenzied.

The deadliest foe of democracy is not autocracy but liberty frenzied.

We don't want to go back to tomorrow, we want to go forward.

We don't want to go back to tomorrow, we want to go forward.

The art of the indirect approach can only be mastered, and its full scope appreciated, by study of and reflection read more

The art of the indirect approach can only be mastered, and its full scope appreciated, by study of and reflection upon the whole history of war. But we can at least crystallize the lessons into two simple maxims- one negative, the other positive. The first is that, in face of the overwhelming evidence of history, no general is justified in launching his troops to a direct attack upon an enemy firmly in position. The second, that instead of seeking to upset the enemy's equilibrium by one's attack, it must be upset before a real attack is, or can be successfully launched.

To those who feel that their values are the values, the less controlled systems necessarily present a spectacle of "chaos," read more

To those who feel that their values are the values, the less controlled systems necessarily present a spectacle of "chaos," simply because such systems respond to a diversity of values. The more successfully such systems respond to diversity, the more "chaos" there will be, by definition, according to the standards of any specific set of values- other than diversity or freedom as values. Looked at another way, the more self-righteous observers there are, the more chaos (and "waste") will be seen.

He has been called a mediocre man; but this is unwarranted flattery. He was a politician of monumental littleness.

He has been called a mediocre man; but this is unwarranted flattery. He was a politician of monumental littleness.