Nothing so weakens government as persistent inflation.

I react pragmatically. Where the market works, I'm for that. Where the government is necessary, I'm for that. I'm deeply suspicious of somebody who says, 'I'm in favor of privatization,' or, 'I'm deeply in favor of public ownership.' I'm in favor of whatever works in the particular case.

But now, as throughout history, financial capacity and political perspicacity are inversely correlated.

There is a common tendency to ignore the poor or to develop some rationalisation for the good fortune of the fortunate.

There's a certain part of the contented majority who love anybody who is worth a billion dollars.

Clearly the most unfortunate people are those who must do the same thing over and over again, every minute, or perhaps twenty to the minute. They deserve the shortest hours and the highest pay.

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.