Quote by James Tobin
"Inflation is always and everywhere a monetary phenomenon."
"Inflation is always and everywhere a monetary phenomenon."
"Money is a veil: behind the money veil there are only goods, and people must not be confused about this."
"The economy is not something that exists for its own sake."
"We are not obliged to believe that only one culture will survive."
"The great virtue of competitive markets is that they reward superior performance and penalize incompetence."