Nature's action is complex: and nothing is gained in the long run by pretending that it is simple.

The most valuable of all capital is that invested in human beings.

We might as reasonably dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of paper, as whether value is governed by utility or cost of production.

Let those who will, write the nation's laws, if I can write its textbooks.

-- Paul Samuelson

I don't care who writes a nation's laws, or crafts its advanced treaties, if I can write its economics textbooks.

-- Paul Samuelson

If socialists understood economics, they wouldn't be socialists.

-- Friedrich Hayek

Rent is that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil.

-- David Ricardo

Abandon the illusion of Great Japanism.

-- Tanzan Ishibashi

There is no such thing as a free lunch.

-- Milton Friedman