Technology, under all circumstances, leads to planning; in its higher manifestations it may put the problems of planning beyond the reach of the industrial firm. Technological compulsions, and not ideology or political will, will require the firm to seek the help and protection of the state.

Genius is a rising stock market.

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

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

The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.

You will find that [the] State [Department] is the kind of organisation which, though it does big things badly, does small things badly too.

All successful revolutions are the kicking in of a rotten door.