The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.

The problem of the modern economy is not a failure of a knowledge of economics; it's a failure of a knowledge of history.

Man, at least when educated, is a pessimist. He believes it safer not to reflect on his achievements; Jove is known to strike such people down.

Nothing is so admirable in politics as a short memory.

In public administration good sense would seem to require that public expectation be kept at the lowest possible level in order to minimize eventual disappointment.

Power is not something that can be assumed or discarded at will like underwear.

The huge capacity to purchase submission that goes with any large sum of money, well, this we have. This is a power of which we should all be aware.