"The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body."

"Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation."

"When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."

"We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II."

"It is wise to keep in mind that neither success nor failure is ever final."

"By an image we hold on to our lost treasures, but it is the wrenching loss that forms the image, composes, binds the bouquet."

"A real failure does not need an excuse. It is an end in itself."

"Hold it the greatest sin to prefer existence to honor, and for the sake of life to lose the reasons for living."