Inflation is always and everywhere a monetary phenomenon.

A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.

The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy.

Nothing is so permanent as a temporary government program.

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

Economics is the study of mankind in the ordinary business of life.

-- Alfred Marshall

Abandon the illusion of Great Japanism.

-- Tanzan Ishibashi

Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen.

-- Ludwig von Mises