Power Is As Power Does.

In The Usual (though Certainly Not In Every) Public Decision On Economic Policy, The Choice Is Between Courses That Are Almost Equally Good Or Equally Bad. It Is The Narrowest Decisions That Are Most Ardently Debated.

Meetings Are A Great Trap. Soon You Find Yourself Trying To Get Agreement And Then The People Who Disagree Come To Think They Have A Right To Be Persuaded. However, They Are Indispensable When You Don't Want To Do Anything.

I Am For A Close Global Association In Trade And Financial Matters, Rather Than The Opposite Possibility Of Excessive Nationalism, As Manifested In The Two World Wars.

Poverty" Pitt Exclaimed "is No Disgrace But It Is Damned Annoying." In The Contemporary United States It Is Not Annoying But It Is A Disgrace.

I React Pragmatically. Where The Market Works, I'm For That. Where The Government Is Necessary, I'm For That. I'm Deeply Suspicious Of Somebody Who Says, 'i'm In Favor Of Privatization,' Or, 'i'm Deeply In Favor Of Public Ownership.' I'm In Favor Of Whatever Works In The Particular Case.