The present age of contentment will come to an end only when and if the adverse developments that it fosters challenge the sense of comfortable well-… - John Kenneth Galbraith

Le verità lapalissiane dell'economia non hanno verità scopritori; esse sono evidenti a chiunque abbia occhi per vedere.

for the young Louis XV: Philippe II, Duc d’Orléans, was a man who combined a negligible intellect with deeply committed self-indulgence.

I react to what is necessary. I would like to eschew any formula. There are some things where the government is absolutely inevitable, which we cannot get along without comprehensive state action. But there are many things — producing consumer goods, producing a wide range of entertainment, producing a wide level of cultural activity — where the market system, which independent activity is also important, so 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.