In any great organization it is far, far safer to be wrong with the majority than to be right alone.

Those days [of the Vietnam War] you couldn't get on a bus going to the South without expecting a riot over something or the other. All of that has disappeared thanks to Lyndon Johnson.

I do the best with what exists.

Anyone who says he won't resign four times, will.

Foreign policy is conducted for the convenience and enjoyment of people in Washington.

Emancipation of belief is the most formidable of the tasks of reform and the one on which all else depends.

Good writing, and this is especially important in a subject such as economics, must also involve the reader in the matter at hand. It is not enough to explain. The images that are in the mind of the writer must be made to reappear in the mind of the reader, and it is the absence of this ability that causes much economic writing to be condemned, quite properly, as abstract.