Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.
“People are talking about the Internet as though it is going to change the world. It's not going to change the world. It's not going to change the way we think, and it's not going to change the way we feel.”
“There are many really good teams in our conference this season. Miami, Indiana and Detroit will be our fiercest opponents this year. But we just have to focus on our game and be patient with the realistic hope that we'll be on top after all is said and done.”