There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy. – Timothy Geithner
The Disarmament Conference has become the focal point of a great struggle between anarchy and world order… between those who think in terms of inevitable armed conflict and those who seek to build a universal and durable peace. – Arthur Henderson
The poker player learns that sometimes both science and common sense are wrong; that the bumblebee can fly; that, perhaps, one should never trust an expert; that there are more things in heaven and earth than are dreamt of by those with an academic bent. – David Mamet
