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— Philip Guedalla"The work of Henry James has always seemed divisible by a simple dynastic arrangement into three reigns: James I, James II, and the Old Pretender"
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When we are green, still half-created, we believe that our dreams are rights, that the world is disposed to act in our best interests, and that falling and dying are for quitters. We live on the innocent and monstrous assurance that we alone, of all the people ever born, have a special arrangement whereby we will be allowed to stay green forever
— Tobias Wolff
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I am myself persuaded, on the basis of extensive study of the historical evidence, that... the severity of each of the contractions - 1920-21, 1929-33, and 1937-38 - is directly attributable to acts of commission and omission by the Reserve authorities and would not have occurred under earlier monetary and banking arrangements.
— Milton Friedman
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