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— John Wooden"A good banker isn't careless with pennies; a good leader isn't sloppy about details."
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I guess I am nostalgic for a time - the nineteenth century and early twentieth - when writers were, to use Stefan Collini's phrase, "public moralists" and politicians, plutocrats, bankers, arms dealers, and experts and technocrats were not solely defining the moral norms as well as the political lives of our societies. We do have some writers claiming to be public moralists, but, as I said, they have actually been more jingoistic than even the henchmen of Bush and Blair.
— Pankaj Mishra
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No central banker would disagree with the proposition that inflation is primarily a monetary phenomenon. Not one of them will disagree that every inflation has been accompanied by a rapid increase in the quantity of money and every deflation by a decline in the quantity of money.
— Milton Friedman
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