Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as the result of animal spirits-a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.

The difficulty lies, not in the new ideas, but in escaping from the old ones, which ramify, for those brought up as most of us have been, into every corner of …

It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.

For my part I think that capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, …

Life is full of decisions and judgments and guesses, and it gets to the point where you're so accustomed to making them you keep right on making them even when…

For conservation to be successful it is necessary to take into consideration that it is a characteristic of man that he can only be relied upon to do anything …

At least half of my life's many mistakes can be safely put down to impetuosity: the other half derive from inertia.