Talk of revolution is one of avoiding reality.

The oldest [John Kenneth] Galbraith rule is that when you hear that a new era has dawned, you should take cover.

Authorship of any sort is a fantastic indulgence of the ego.

Milton Friedman’s misfortune is that his economic policies have been tried.

The spirit should never grow old.

Nothing is so admirable in politics as a short memory.

There is an enormous thrust in our time to have a simple answer. And that simple answer is that all depends on Alan Greenspan and the Federal Reserve. And Alan, who is an old acquaintance of mine, is a marvelous performer in the impression he gives of enormously great perception.