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The world has conducted a massive macro-economic experiment since the cataclysm of 2008. In Europe, the fans of austerity have had their chance, and the results have been a disaster.
The big lie out there, the big lie that the Republicans propagate day after day, is that cutting marginal rates for those at the top is going to create jobs. It's simply not true.
The reason to drive this point home with a vivid and frank comparison is many New Yorkers are still not confronting the reality of how serious our crisis is. It was an exhortation to face reality.
I don't have any particular expertise-I've never been a banker or an investment banker. But I did see an evolution in the system that I thought was problematic.
I don't think Michael Bloomberg would say that his greatest skill is delivering the speech. He would say he's more of a nuts-and-bolts mayor-picking up the trash, dealing with the school system.
If you deliver an opinion at all, it is mere stupidity not to do it with an air of conviction and well-founded knowledge. You make it your own in uttering it, and naturally get fond of it.
There is hardly any contact more depressing to a young ardent creature than that of a mind in which years full of knowledge seem to have issued in a blank absence of interest or sympathy.
But let the wise be warned against too great readiness to explanation: it multiplies the sources of mistake, lengthening the sum for reckoners sure to go wrong.
My childhood was full of deep sorrows - colic, whooping-cough, dread of ghosts, hell, Satan, and a Deity in the sky who was angry when I ate too much plumcake.
There is no general doctrine which is not capable of eating out our morality if unchecked by the deep-seated habit of direct fellow-feeling with individual fellow-men.
It is always your heaviest bore who is astonished at the tameness of modern celebrities: naturally; for a little of his company has reduced them to a state of flaccid fatigue.
To fear the examination of any proposition apears to me an intellectual and a moral palsy that will ever hinder the firm grasping of any substance whatever.
There's times when the crockery seems alive, an' flies out o' your hand like a bird. It's like the glass, sometimes, 'ull crack as it stands. What is to be broke will be broke.