A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional way along with his fellows, so that no one can really blame him.

The expected never happens; it is the unexpected always.

Should government refrain from regulation (taxation), the worthlessness of the money becomes apparent and the fraud can no longer be concealed.

God has arrived. I met him on the 5:15 train.

When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exulted some of the most distasteful of human qualities into the highest virtues.

It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.

When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals.