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When you are not practicing, someone else is getting better.

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John Kenneth Galbraith

The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.

Denied, Disastrously, Political, Politics, Salutary, Should
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

Conservative, Honesty, Integrity, Moral, Philosophy, Selfishness

Under capitalism, man exploits man. Under communism, it's just the opposite.

Capitalism, Communism, Exploits, Funny, Men, Witty

Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy—what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.

Feed, Horse, Oats, Sides, Theory

Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything.

Agreement, Indispensable, Meetings, People, Right, Thinking

There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.

Forecasters, Investing, Kind, Kinds, Know, Two
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