Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.

Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in them would be developed.

Don't you think you're just rearranging deck chairs on the Titanic?

The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.

I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent.

This paper was one of my digressions into abstract economics.

Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

It's insane to try to balance the budget.

There is no real justification for a requirement that a budget of any sort should be balanced, except as a rallying point for those who seek to hamstring government.

The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression.

Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.

There is no reason inherent in the real resources available to us why we cannot move rapidly within the next two or three years to a state of genuine full employment.

Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income or in terms of an enhanced quality of life.

Practically, the desirable situation ought to be one in which any reasonably responsible person willing to accept available employment can find a job paying a living wage within 48 hours.

Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.

Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.

The nominal budget is a poor indicator of the impact of government outlays and revenues.

If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.

Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation.

The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure.

He is no fool who gives what he cannot keep to gain what he cannot lose.

To say that an artist sells out means that an artist is making a conscious choice to compromise his music, to to weaken his music for the sake of commercial gain.

Skillful pilots gain their reputation from storms and tempest.

The older I get, the greater power I seem to have to help the world; I am like a snowball - the further I am rolled the more I gain.

Today, unless women gain jobs and athletic scholarships commensurate with their percentage of the population, feminists scream discrimination.

A man's moral conscience is the curse he had to accept from the gods in order to gain from them the right to dream.

Give way to your opponent; thus will you gain the crown of victory.

You must continue to gain expertise, but avoid thinking like an expert.

All myths that are something more than fancies gain rather than lose in value with time, by reason of the accretions of human experience.

One of the ways I think I gain fodder for characters is by watching people.

One of the greatest victories you can gain over someone is to beat him at politeness.

I want to do very useful buildings and I would like to find a method of producing these buildings through our technology because I think that this is the only way that we will gain wonderful environment easily in the future.

It seems to me that if Mr. Obama wins the presidential election, then Messrs. Farrakhan, Wright, Ayers and Pfleger will gain power for their need to demoralize this country and help create a socialist America.

Everyone in a complex system has a slightly different interpretation. The more interpretations we gather, the easier it becomes to gain a sense of the whole.

All tyranny needs to gain a foothold is for people of good conscience to remain silent.

Our farmers round, well pleased with constant gain, Like other farmers, flourish and complain.

Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.

As I've been able to once again gain the benefits of speed work, I'm enjoying my running more and more.

You want the story to end when it's supposed to and not be squeezed for somebody's financial gain.

We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation.

The historian must have some conception of how men who are not historians behave. Otherwise he will move in a world of the dead. He can only gain that conception through personal experience, and he can only use his personal experiences when he is a genius.

'Tis nobler to lose honor to save the lives of men than it is to gain honor by taking them.

The tenacious character I've possessed since I was a small child propelled me to successfully meet this challenge, and I was able to safely gain acceptance to the university of my choice.

We will build new ships to carry man forward into the universe, to gain a new foothold on the moon and to prepare for new journeys to the worlds beyond our own.

I don't mean that if you're a Christian, walking close to God, you will immediately gain celebrity. you may fail as an artist, because you may not have what the public want at that time, and you have to be prepared for that.

Suppose you could gain everything in the whole world, and lost your soul. Was it worth it?

We have a hunger of the mind which asks for knowledge of all around us, and the more we gain, the more is our desire; the more we see, the more we are capable of seeing.

It is a clear gain to sacrifice pleasure in order to avoid pain.

He who seeks for gain, must be at some expense.