There Are Times In Politics When You

Foresight Is An Imperfect Thing - All Prevision In Economics Is Imperfect.

Few People At The Beginning Of The Nineteenth Century Needed An Adman To Tell Them What They Wanted.

There Is An Enormous Thrust In Our Time To Have A Simple Answer. And That Simple Answer Is That All Depends On Alan Greenspan And The Federal Reserve. And Alan, Who Is An Old Acquaintance Of Mine, Is A Marvelous Performer In The Impression He Gives Of Enormously Great Perception.

Simple Minds, Presumably, Are The Easiest To Manage.

All Crises Have Involved Debt That, In One Fashion Or Another, Has Become Dangerously Out Of Scale In Relation To The Underlying Means Of Payment.