The Senate has unlimited debate; in the House, debate is ruthlessly circumscribed. There is frequent discussion as to which technique most effectively frustrates democratic process.

No hungry man who is also sober can be persuaded to use his last dollar for anything but food.

We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.

My rule on honorary degrees has always been to have one more than Arthur Schlesinger Jr.

Meetings are indispensable when you don't want to do anything.

I am worried about our tendency to over invest in things and under invest in people.

Economists are economical, among other things, of ideas; most make those of their graduate days do for a lifetime.