A bad book is the worse that it cannot repent. It has not been the devil's policy to keep the masses of mankind in ignorance; but finding that they will read, he is doing all in his power to poison their books.
The State Department desperately needs to be vigorously harnessed. It has too big a role to play in the formulation of foreign policy, and foreign policy is too important to be left up to foreign service officers.
Would that the simple maxim, that honesty is the best policy, might be laid to heart; that a sense of the true aim of life might elevate the tone of politics and trade till public and private honor become identical.
To me our bombing policy appears to be suicidal. Not because it does not do vast damage to our enemy, it does; but because, simultaneously, it does vast damage to our peace aim, unless that aim is mutual economic and social annihilation.
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.
At that time I had complete confidence in Russian policy and I believed that the Western Allies deliberately allowed Russia and Germany to fight each other to the death.
Finally Germany's attack on Russia seemed to confirm that Russia was not shirking and was prepared to carry out a foreign policy with the risk of war with Germany.
At this time I had complete confidence in Russian policy and believed that the Western Allies deliberately allowed Germany and Russia to fight each other to death.
As a member of this court I am not justified in writing my private notions of policy into the Constitution, no matter how deeply I may cherish them or how mischievous I may deem their disregard.
Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take.
