David D. Friedman Quotes

What we know about the global financial crisis is that we don’t know very much.

- Paul Samuelson

Economist

· USA

• Crisis
• Financial

I react to what is necessary. I would like to eschew any formula.

- John Kenneth Galbraith

Economist

· Canada

• Formulas

The most fundamental form of integrative power is the power of love.

- Kenneth E. Boulding

Economist

· United Kingdom

• Form
• Fundamentals
• Power Of Love

The essence of Hinduism is that the path may be different, but the goal is the same.

- Manmohan Singh

Economist

· India

• Different
• Essence
• Goal

With the American failure came world failure.

- John Kenneth Galbraith

Economist

· Canada

Elections determine who is in power, but they do not determine how power is used.

- Paul Collier

Economist

· United Kingdom

• Determine
• Election

We shall not grow wiser before we learn that much that we have done was very foolish.

- Friedrich August von Hayek

Economist

· Austria

• Fool
• Stupid

The market is a democracy in which every penny gives a right to vote. Explain

- Ludwig von Mises

Economist

· Austria

• Democracy
• Pennies

We need to accept the principle that sometimes poor people will die just because they are poor.

- Tyler Cowen

Economist

• Principles

If I’ve made myself clear, I’ve misspoken.

- Alan Greenspan

Economist

· USA