All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.

Getting on the cover of TIME guarantees the existence of opposition in the future.

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.

Politics is the art of choosing between the disastrous and the unpalatable.

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.

The notion that you would initiate a new product without preparing the way by persuasion and advertising and salesmanship is fantastic. It's an integral part of the system.

People who are in a fortunate position always attribute virtue to what makes them so happy.