A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output. ↗
You know there's nothing a Hill Democrat would rather do than criticize another Democrat. It is their favorite activity. Then they can read about how honorable they are in an Op-Ed piece, how bipartisan. ↗
Almost no one is foolish enough to imagine that he automatically deserves great success in any field of activity; yet almost everyone believes that he automatically deserves success in marriage. ↗
Many people and governments share the mistaken belief that science, with new, ingenious devices and techniques, can rescue us from the troubles we face without our having to mend our ways and change our patterns of activity. This is not so. ↗
All great movements are popular movements. They are the volcanic eruptions of human passions and emotions, stirred into activity by the ruthless Goddess of Distress or by the torch of the spoken word cast into the midst of the people. ↗
In science, as in art, and, as I believe, in every other sphere of human activity, there may be wisdom in a multitude of counsellors, but it is only in one or two of them. ↗
As best I can tell there was no advance warning of the attack on the World Trade Center in 1993, which was the first significant foreign terrorist activity in the U.S. No tip-offs that it was coming. ↗
