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— Ralph Waldo Emerson"The two parties which divide the State, the party of Conservatism and that of Innovation are very old, and have disputed the possession of the world ever since it was made ... Now one, now the other gets the day, and still the fight renews itself as if for the first time, under new names and hot personalities ... Innovation is the salient energy; Conservatism the pause on the last movement."
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Every historian loves the past or should do. If not, he has mistaken his vocation; but it is a short step from loving the past to regretting that it has ever changed. Conservatism is our greatest trade-risk; and we run psychoanalysts close in the belief that the only "normal" people are those who cause no trouble either to themselves or anybody else.
— A. J. P. Taylor
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You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning is correct. True conservatism is only possible through knowledge and reason.
— Warren Buffett
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