Wisdom, itself, is often an abstraction associated not with fact or reality but with the man who asserts it and the manner of its assertion. - John Kenneth Galbraith

Among all the world's races, some obscure Bedouin tribes possibly apart, Americans are the most prone to misinformation. This is not the consequence of any special preference for mendacity, although at the higher levels of their public administration that tendency is impressive. It is rather that so much of what they themselves believe is wrong.

One of the uses of depression is the exposure of what auditors fail to find.

Agreeable as it is to know where one is proceeding, it is far more important to know where one has arrived.