In Economics, The Majority Is Always Wrong.

The Notion Of A Formal Structure Of Command Must Be Abandoned. It Is More Useful To Think Of The Mature Corporation As A Series Of Concentric Circles.

The Great Dialectic In Our Time Is Not, As Anciently And By Some Still Supposed, Between Capital And Labor; It Is Between Economic Enterprise And The State.

Economics Is Not An Exact Science.

Even In Such A Time Of Madness As The Late Twenties, A Great Many Man In Wall Street Remained Quite Sane. But They Also Remained Very Quiet. The Sense Of Responsibility In The Financial Community For The Community As A Whole Is Not Small. It Is Nearly Nil. Perhaps This Is Inherent. In A Community Where The Primary Concern Is Making Money, One Of The Necessary Rules Is To Live And Let Live. To Speak Out Against Madness May Be To Ruin Those Who Have Succumbed To It. So The Wise In Wall Street Are Nearly Always Silent. The Foolish Thus Have The Field To Themselves. None Rebukes Them.

We Shall Have A Race Of Men Who Are Strong On Telemetry And Space Communications But Who Cannot Read Anything But A Blueprint Or Write Anything But A Computer Program.