..either immediately or ultimately every dollar of government spending must be raised through a dollar of taxation. Once we look at the matter. In this way, the supposed miracles of government spending will appear in another light.

There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: "In the long run we are all dead." And such shallow wisecracks pass as devastating epigrams and the ripest wisdom.

When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.

I do not waste my time in answering abuse; I thrive under it like a field that benefits from manure.

Haste makes waste, no less in life than in housekeeping.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done