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— James Clerk Maxwell"Every existence above a certain rank has its singular points; the higher the rank the more of them. At these points, influences whose physical magnitude is too small to be taken account of by a finite being may produce results of the greatest importance."
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It [1991 Federal budget] contains almost 190,000 accounts. At a rate of one per minute, eight hours a day, it would take over a year to reflect upon these!
— Richard Darman
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When you start cutting government expenditure, at some point you are cutting essential services rather than excessive services. So you have to take into account the social costs involved in cutting government spending.
— Raghuram Rajan
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