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Individual Quotes

“Just as man as a social being, cannot in the long run exist without a tie to the community, so the individual will never find the real justification for his existence, and his own spiritual and moral autonomy, anywhere except in an extramundane principle capable of relativizing the overpowering influence of external factors.”

“I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.”

“But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and cannot, given the financial and economic framework within which the elders are operating. While the moral convictions of individuals are important in the long run, it is institutions that determine the immediate course of events - particularly the institutions of finance.”

“In the previous days and times, we've been involved, not exclusively, but largely, in the process of individual survival: How do I get through the day, how do I get through the week, how do I get through the month? In the 21st century, we're learning that we can no longer concentrate on individual survival strategies, that unless we begin to coalesce those strategies and learn how we can survive collectively, that no individual is going to survive in the long run.”