It is a commonplace of modern technology that problems have solutions before there is knowledge of how they are to be solved.

It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.

It was not hard to persuade people that the market was sound; as always in such times they asked only that the dispiriting voices of doubt be muted and that there should be tolerably frequent expressions of confidence.

There are times in politics when you must be on the right side and lose.

Where humor is concerned there are no standards - no one can say what is good or bad, although you can be sure that everyone will.

If a man didn't make sense, the Scotch felt it was misplaced politeness to try to keep him from knowing it. Better that he be aware of his reputation, for this would encourage reticence which goes well with stupidity.

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.