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“Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.”

“Every thinking man, when he thinks, realizes that the teachings of the Bible are so interwoven and intertwined with our whole civic and social life that it would be literally, I do not mean figuratively, but literally impossible for us to figure what the loss would be if these teachings were removed. We would lose all the standards by which we now judge both public and private morals; all the standards toward which we, with more or less resolution, strive to raise ourselves.”

“In the history of mankind many republics have risen, have flourished for a less or greater time, and then have fallen because their citizens lost the power of governing themselves and thereby of governing their state; and in no way has this loss of power been so often and so clearly shown as in the tendency to turn the government into a government primarily for the benefit of one class instead of a government for the benefit of the people as a whole.”

“On the Avenue in front of the White House were several hundred colored people, mostly women and children, weeping and wailing their loss. This crowd did not diminish through the whole of that cold, wet day; they seemed not to know what was to by their fate since their great benefactor was dead, and though strong and brave men wept when I met them, the hopeless grief of those poor colored people affected me more than almost anything else.”

“The public, as a whole, buys at the wrong time and sells at the wrong time. The average operator, when he sees two or three points profit, takes it; but, if a stock goes against him two or three points, he holds on waiting for the price to recover, with oftentimes, the result of seeing a loss of two or three points run into a loss of ten points.”

“There is a strong current in contemporary culture advocating ' holistic ' views as some sort of cure-all... Reductionism implies attention to a lower level while holistic implies attention to higher level. These are intertwined in any satisfactory description: and each entails some loss relative to our cognitive preferences, as well as some gain... there is no whole system without an interconnection of its parts and there is no whole system without an environment.”