The Spirit Should Never Grow Old.

In Europe And The United States The Two Decades Following The Second World War Will For Long Be Remembered As A Very Good Time, The Time When Capitalism Really Worked. Everywhere In The Industrialized Countries Production Increased. Unemployment Was Everywhere Low. Prices Were Nearly Stable. When Production Lagged And Unemployment Rose, Governments Intervened To Take Up The Slack, As Keynes Had Urged.

The Salary Of The Chief Executive Of A Large Corporation Is Not A Market Award For Achievement. It Is Frequently In The Nature Of A Warm Personal Gesture By The Individual To Himself.

Franklin Delano Roosevelt And J.f Kennedy Were Presidents In Very Different Times.

People Are The Common Denominator Of Progress; No Improvement Is Possible With Unimproved People.

Power Is Not Something That Can Be Assumed Or Discarded At Will Like Underwear.