The complaints of the privileged are too often confused with the voice of the masses.

World War II revealed two of the enduring features of the Keynesian Revolution. One was the moral difference between spending for welfare and spending for war. During the Depression very modest outlays for the unemployed seemed socially debilitating, economically unsound. Now expenditures many times greater for weapons and soldiers were perfectly safe. It's a difference that still persists.

All successful revolutions are the kicking in of a rotten door. The violence of revolutions is the violence of men who charge into a vacuum.

Technology means the systematic application of scientific or other organized knowledge to practical tasks.

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

Ralph [ Nader] is an old friend of mine, and he does a useful job in displaying a position.

The stock market is but a mirror which provides an image of the underlying or fundamental economic situation. Cause and effect run from the economy to the stock market, never the reverse. In 1929 the economy was headed for trouble. Eventually that trouble was violently reflected in Wall Street.