The Doomsayers have always had their uses, since they trigger the coping mechanism that often prevents the events they forecast.

Risk is not a dirty word.

If we had a truth-in Government act comparable to the truth-in-advertising law, every note issued by the Treasury would be obliged to include a sentence stating: This note will be redeemed with the proceeds from an identical note which will be sold to the public when this one comes due.

Rising prices or wages do not cause inflation; they only report it. They represent an essential form of economic speech, sincemoney isjust another form of information.

The guy with the competitive advantage is the one with the best technology.

Banking is a branch of the information business.

The person who figures out how to harness the collective genius of his or her organization is going to blow the competition away.