Commencement oratory must eschew anything that smacks of partisan politics, political preference, sex, religion or unduly firm opinion. Nonetheless, there must be a speech: Speeches in our culture are the vacuum that fills a vacuum.

In all modern depressions, recessions, or growth-correction, as variously they are called, we never miss the goods that are not produced. We miss only the opportunities for the labour - for the jobs - that are not provided.

It is possible that people need to believe they are unmanaged if they are to be managed effectively.

Talk of revolution is one of avoiding reality.

No intelligence system can predict what a government will do if it doesn't know itself.

The drive toward complex technical achievement offers a clue to why the U.S. is good at space gadgetry and bad at slum problems.

Few economic problems, if any, are difficult of solution. The difficulty, all but invariably, is in confronting them. We know what needs to be done; for reasons of inertia, pecuniary interest, passion or ignorance, we do not wish to say so.