In the market economy the price that is offered is counted upon to produce the result that is sought.

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.

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.

The huge capacity to purchase submission that goes with any large sum of money, well, this we have. This is a power of which we should all be aware.

We are becoming the servants in thought, as in action of the machine we have created to serve us.

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

In the United States, though power corrupts, the expectation of power paralyzes.