It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.

My rule on honorary degrees has always been to have one more than Arthur Schlesinger Jr.

There can be no question, however, that prolonged commitment to mathematical exercises in economics can be damaging. It leads to the atrophy of judgement and intuition. . .

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

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.

I react to what is necessary. I would like to eschew any formula.

Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.