Tyler Groenendal

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“Our knowledge of dynamic processes is necessarily inferior to our ability to describe stationary conditions.”
Oskar Morgenstern, On the Accuracy of Economic Observations

“In my experience, economists rarely believe passionately in, or care passionately for, the free market. They are generally more concerned to reveal the market's imperfections, to further their own professional importance.”
Terence Kealey

“The dream of a planned, fair, moral, ethical, cash-free society remains strong, particularly among socialists and liberals. It clearly represents a fundamental human instinct. But feudalism just did not work very well, if only because powerful people will not always obey moral imperatives.”
Terence Kealey, The Economic Laws of Scientific Research

Robert Higgs
“Clowns to the left of me, jokers to the right, here I am -- not stuck in the middle, but hovering above the entire farcical spectrum, weeping as I behold my fellow man's devotion to political illusion and self-destruction.”
Robert Higgs

“...the facts of economic life cannot be comprehensively described in terms of statistics.”
Oskar Morgenstern, The Limits of Economics

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Benedic...
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