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“There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren't among them.”

“I'd like a stocking made for a giant, And a meeting house full of toys, Then I'd go out in a happy hunt For the poor little girls and boys; Up the street and down the street, And across and over the town, I'd search and find them everyone, Before the sun went down.”

“To many of us now, computers, silicon chips, data processing, cybernetics, and all the other innovations of the dawning high technology age are as mystifying as the workings of the combustion engine must have been when that first Model T rattled down Main Street, U.S.A. But as surely as America's pioneer spirit made us the industrial giant of the 20th century, the same pioneer spirit today is opening up on another vast front of opportunity, the frontier of high technology.”

“Had there been no Renaissance and no Italian influence to bring in the stories of other lands English history would, it may be, have become as important to the English imagination as the Greek Myths to the Greek imagination; and many plays by many poets would have woven it into a single story whose contours, vast as those of Greek myth, would have made living men and women seem like swallows building their nests under the architrave of some Temple of the Giants.”

“When someone is made the head of an office in the Ogilvy & Mather chain, I send him a Matrioshka doll from Gorky. If he has the curiosity to open it, and keep opening it until he comes to the inside of the smallest doll, he finds this message: If each of us hires people who are smaller than we are, we shall become a company of dwarfs. But if each of us hires people who are bigger than we are, we shall become a company of giants.”