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

Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to satisfy them. But the case cannot stand if it is the process of satisfying wants that create the wants.

Preservationists are the only people in the world who are invariably confirmed in their wisdom after the fact.

From the spring of 1941, I controlled all prices in the United States. You could lower a price without my permission, but you couldn't raise a price without my permission or that of my staff.

I think the role of the Federal Reserve is enormously exaggerated.

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

The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.