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

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.

Boldness and decision command, often even in evil, the respect and concurrence of mankind.

For those whose wit becomes the mother of villainy, those it educates to be evil in all things.

Words - so innocent and powerless as they are, as standing in a dictionary, how potent for good and evil they become in the hands of one who knows how to combine them.

Some things must be good in themselves, else there could be no measure whereby to lay out good and evil.

Destroy the seed of evil, or it will grow up to your ruin.

Once to every person and nation come the moment to decide. In the conflict of truth with falsehood, for the good or evil side.

Into every soul, however purged and fenced, evil appears to have as much freedom of entrance as God Himself.

What I have learned from my work up to now, is to try to be open, but also protect myself by not letting the good and the evil get too much importance.

Mankind is not likely to salvage civilization unless he can evolve a system of good and evil which is independent of heaven and hell.

One who is injured ought not to return the injury, for on no account can it be right to do an injustice; and it is not right to return an injury, or to do evil to any man, however much we have suffered from him.

The 20th century taught us how far unbridled evil can and will go when the world fails to confront it. It is time that we heed the lessons of the 20th century and stand up to these murderers. It is time that we end genocide in the 21st century.

Every war results from the struggle for markets and spheres of influence, and every war is sold to the public by professional liars and totally sincere religious maniacs, as a Holy Crusade to save God and Goodness from Satan and Evil.

A great book is like great evil.

May the forces of evil become confused on the way to your house.

Be assured those will be thy worst enemies, not to whom thou hast done evil, but who have done evil to thee. And those will be thy best friends, not to whom thou hast done good, but who have done good to thee.

Hatred is gained as much by good works as by evil.

Neither gods nor men can foresee when an evil deed will bear its fruit.

Wisdom is the knowledge of good and evil, not the strength to choose between the two.

I am in politics because of the conflict between good and evil, and I believe that in the end good will triumph.

Every Christian will allow that sin is an evil, and that it is our duty not to commit sin.

But other vampire stories? Well, no, I really haven't read too many, and I can't say I'm crazy about romantic vampires anyway - to me the vampire is simply an evil monster.

We all agree that we've got to bring these terrorists to justice and to make sure that they're never allowed to perpetrate such an evil act as they did. And so all of us are dealing with that. We know that the President has the authority to go to war under the War Powers Act.

A resolution to avoid an evil is seldom framed till the evil is so far advanced as to make avoidance impossible.

Idleness among children, as among men, is the root of all evil, and leads to no other evil more certain than ill temper.

Example moves the world more than doctrine. The great exemplars are the poets of action, and it makes little difference whether they be forces for good or forces for evil.

However things may seem, no evil thing is success and no good thing is failure.

Art is an attempt to integrate evil.

No evil is honorable: but death is honorable; therefore death is not evil.

The task of the educator lies in seeing that the child does not confound good with immobility and evil with activity.