Unemployment is rarely considered desirable except by those who have not experienced it.

One can relish the varied idiocy of human action during a panic to the full, for, while it is a time of great tragedy, nothing is being lost but money.

The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.

This is a world inhabited not by people who have to be persuaded to believe but by people who want an excuse to believe.

The traveler to the United States will do wellto prepare himself for the class-consciousness of the natives. This differs from the already familiar English version in being more extreme and based more firmly on the conviction that the class to which the speaker belongs is inherently superior to all others.

One of the greatest pieces of economic wisdom is to know what you do not know.

Third party politics, at least since La Follette, has always had an element of romance.