The fruit of your work grows on other people's trees

Every three or four years I pick a new subject. It may be Japanese art; it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.

The key to greatness is to look for people's potential and spend time developing it.

Never ask who's right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions.

The essence of management is to make knowledge productive.

In all recorded history there has not been one economist who has had to worry about where the next meal would come from.

The honest work of yesterday has lost its social status, its social esteem.