The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.

I predict, not because I know, but because I'm asked.

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.

We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.

Nostalgia combines regularly with manifest respectability to give credence to old error as opposed to new truth.

Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.

It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.