In the United States all business not transacted over the telephone is accomplished in conjunction with alcohol or food, often under conditions of advanced intoxication. This is a fact of the utmost importance for the visitor of limited funds... for it means that the most expensive restaurants are, with rare exceptions, the worst.

If we were not in Vietnam, all that part of the world would be enjoying the obscurity it so richly deserves.

Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.

In any great organization it is far, far safer to be wrong with the majority than to be right alone.

I begin with the renaming of the system. It used to be capitalism. But that evokes [Karl] Marx and [John] Rockefeller. So now we speak of the market system. That is a nice bland expression, which forgets those off-color references.

If there must be madness, something may be said for having it on a heroic scale

The only function of economic forecasting is to make astrology look respectable.