But our energy woes are in many ways the result of classic market failures that can only be addressed through collective action, and government is the vehicle for collective action in a democracy. ↗
When runaway inflation and bank failures struck in Germany in the 1920s, the middle class was destroyed, which led directly to the rise of the Nazis. ↗
People accuse me of being Methody, but I'm not at all. The one thing I don't want people to see is me. I don't want them to be able to recognize my faults and failures and qualities, and I won't use those things to spark off emotions or to illustrate. ↗
Such a simple concept, yet so true: that which we manifest is before us; we are the creators of our own destiny. Be it through intention or ignorance, our successes and our failures have been brought on by none other than ourselves. ↗
The ancient commission of the writer has not changed. He is charged with exposing our many grievous faults and failures, with dredging up to the light our dark and dangerous dreams for the purpose of improvement."
[Nobel Prize Acceptance Speech] ↗