Out of that belief, thus instilled, then comes action — the bidding up of values, whether in land, securities, or, as recently, art. The upward movem… - John Kenneth Galbraith

It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.

Let it be emphasized once more, and especially to anyone inclined to a personally rewarding skepticism in these matters: for practical purposes, the financial memory should be assumed to last, at a maximum, no more than 20 years. This is normally the time it takes for the recollection of one disaster to be erased and for some variant on previous dementia to come forward to capture the financial mind. It is also the time generally required for a new generation to enter the scene, impressed, as had been its predecessors, with its own innovative genius.

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.