What a delightful thing is the conversation of specialists! One understands absolutely nothing and it's charming.

What a delightful thing is the conversation of specialists! One understands absolutely nothing and it's charming.

Many bad policies are simply good policies taken too far.

Many bad policies are simply good policies taken too far.

A billion here and a billion there, and soon you're talking about real money.

A billion here and a billion there, and soon you're talking about real money.

Property is a central economic institution of any society, and private property is the central institution of a free society.

Property is a central economic institution of any society, and private property is the central institution of a free society.

I believe there is a limit beyond which free speech cannot go, but it's a limit that's very seldom mentioned. read more

I believe there is a limit beyond which free speech cannot go, but it's a limit that's very seldom mentioned. It's the point where free speech begins to collide with the right to privacy. I don't think there are any other conditions to free speech. I've got a right to say and believe anything I please, but I haven't got a right to press it on anybody else. .... Nobody's got a right to be a nuisance to his neighbors.

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.

Given one well-trained physician of the highest type he will do better work for a thousand people than ten specialists.

Given one well-trained physician of the highest type he will do better work for a thousand people than ten specialists.

All revolutions...have been led by persons who knew oppression well, but not on their own skin.

All revolutions...have been led by persons who knew oppression well, but not on their own skin.

There is nothing an economist should fear so much as applause.

There is nothing an economist should fear so much as applause.