The inborn instability of capitalism has been part of the history of the system for several hundred years, including recurrent speculative episodes. There should be no doubt in anyone's mind that we're now having another one of those speculative episodes.

It's much easier to point out the problem than it is to say just how it should be solved.

People are the common denominator of progress; no improvement is possible with unimproved people.

Happiness does not require an expanding economy

Money is a singular thing. It ranks with love as man's greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce.

People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.

There are few ironclad rules of diplomacy but to one there is no exception. When an official reports that talks were useful, it can safely be concluded that nothing was accomplished.