In all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably, contentedly, even happily wrong.

All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.

Only foolish people are completely secure.

The income men derive from producing things of slight consequence is of great consequence. The production reflects the low marginal utility of the goods to society. The income reflects the high total utility of a livelihood to a person.

Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.

Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.

Pundits forecast not because they know, but because they are asked.