A rational man acting in the real world may be defined as one who decides where he will … - Walter Lippmann

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The great irony of executive compensation is, if you pay your employees more, you're gonna create more demand for your goods and services! Which is gonna lead to more executive compensation than if you pay your employees less and try to take all the cream off of the top.

Walter Lippmann

A rational man acting in the real world may be defined as one who decides where he will strike a balance between what he desires and what can be done.

Balance, Decides, Man, Men, Real, Strike

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Ours is a problem in which deception has become organized and strong; where truth is poisoned at its source; one in which the skill of the shrewdest brains is devoted to misleading a bewildered people.

Devoted, People, Skills, Source, Strong, Truth

What the public does is not to express its opinions but to align itself for or against a proposal. If that theory is accepted, we must abandon the notion that democratic government can be the direct expression of the will of the people. We must abandon the notion that the people govern. Instead, we must adopt the theory that, by their occasional mobilisations as a majority, people support or oppose the individuals who actually govern. We must say that the popular will does not direct continuously but that it intervenes occasionally.

Accepted, Align, Expression, Government, Occasional, People

There can be no liberty for a community which lacks the means by which to detect lies.

Community, Lacks, Lies, Lying, Mean

It requires wisdom to understand wisdom: the music is nothing if the audience is deaf.

Audience, Inspirational, Music, Positive, Understand

He has honor if he holds himself to an ideal of conduct though it is inconvenient, unprofitable, or dangerous to do so.

Conduct, Dangerous, Duty, Honor, Though