In the United States, though power corrupts, the expectation of power paralyzes.
The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.
The conspicuously wealthy turn up urging the character building values of the privation of the poor.
The conventional view serves to protect us from the painful job of thinking.
You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too.
The enemy of the conventional wisdom is not ideas but the march of events.
It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.
Power is not something that can be assumed or discarded at will like underwear.
It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation.
In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof.
In economics, the majority is always wrong.
Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.
In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.
In any great organization it is far, far safer to be wrong with the majority than to be right alone.
The Metropolis should have been aborted long before it became New York, London or Tokyo.