Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write always sub specie tempori… - John Maynard Keynes

There is no party in the world... pursuing right aims by right methods. Material Poverty provides the incentive to change... where there is very little margin for experiments. Material Prosperity removes the incentive just when it might be safe to take a chance.

Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back

It seems to me that today's news about Germany cannot be taken too seriously. The hideous dilemma is presented – allowing them to call our bluff, and re-arm as and when they choose, with what results one can imagine, or the horror of a preventive war.