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If good history is dispassionate history, it must naturally wait until the passions of the period subside.
Since the attack on the United States on September 11 2001, and the US retaliation in Afghanistan and Iraq, there must be few people who have not felt a twinge of nostalgia for the cold war.
Because bankers measure their self-worth in money, and pay themselves a lot of it, they think they're fine fellows and don't need to explain themselves.
In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination.
The world dominion of western thought, forms of organisation, technology and military force is not God-given, nor eternal, nor greatly appreciated by the rest of the world.
Almost all novels are improved by cutting from the top. On their first pages, authors parade those favourite effects which disgust the impartial reader.
One of the admirable features of British novelists is that they have no scruple about setting their stories in foreign settings with wholly foreign personnel.
Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion.