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

Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted.

Change comes not from men and women changing their minds, but from the change from one generation to the next.

In economics it is a far, far wiser thing to be right than to be consistent

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

When people put their ballots in the boxes, they are, by that act, inoculated against the feeling that the government is not theirs. They then accept, in some measure, that its errors are their errors, its aberrations their aberrations, that any revolt will be against them. It's a remarkably shrewd and rather conservative arrangement when one thinks of it.

There is an enormous thrust in our time to have a simple answer. And that simple answer is that all depends on Alan Greenspan and the Federal Reserve. And Alan, who is an old acquaintance of mine, is a marvelous performer in the impression he gives of enormously great perception.