The process by which banks create money is so simple that the mind is repelled.

Ralph [ Nader] is an old friend of mine, and he does a useful job in displaying a position.

Any consideration of the life and larger social existence of the modern corporate man begins and also largely ends with the effect of one all-embracing force. That is organization - the highly structured assemblage of men, and now some women, of which he is a part. It is to this, at the expense of family, friends, sex, recreation and sometimes health and effective control of alcoholic intake, that he is expected to devote his energies.

The years of the Great Depression were a superb time for economists because people not knowing what could be done or what should be done would always assume that maybe an economist had the answer. If you were just a lawyer in Washington, you were nobody. But if you were an economist, you might have the answer.

The power of the corporate bureaucracy - the power of technostructure (a term that did not take off) - is something to which I still adhere.

There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.

When people are least sure, they are often most dogmatic.