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.

Nostalgia combines regularly with manifest respectability to give credence to old error as opposed to new truth.

I would put primary emphasis on a good standard of living equitably distributed. It can't be equal, but one that eliminates the terrible cruelty of poverty.

Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.

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

It is almost as important to know what is not serious as to know what is.

Of all classes the rich are the most noticed and the least studied.