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Robert McNamara

"It would be our policy to use nuclear weapons wherever we felt it necessary to protect our forces and achieve our objectives."

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"It would be our policy to use nuclear weapons wherever we felt it necessary to protect our forces and achieve our objectives."

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Eraldo Banovac

"Monetary policy itself cannot sensibly be directed at reducing imbalances."

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Eraldo Banovac

"We must have a foreign policy which is based only on the long-term interests of our race, not on the interest of other races or on economic considerations or anything else."

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Eraldo Banovac

"The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move."

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Eraldo Banovac

"One thing is obvious: Our policy, which is directed at making the country ungovernable, has started to bear fruit. The process that has been initiated is irreversible."

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Eraldo Banovac

"With the aid of this credit policy, however, Germany created an armament second to none, and this armament in turn made possible the results of our policy."

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Eraldo Banovac

"When you raise issues with the President, try to come away with both that decision and also a precedent. Pose issues so as to evoke broader policy guidance. This can help to answer a range of similar issues likely to arise later."

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Eraldo Banovac

"The minimum wage was enacted in 1937 during the Great Depression and it has been increased 16 times. It's a well-established economic policy to help families."

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Eraldo Banovac

"Animosity is not a policy."

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Eraldo Banovac

"If the staff lacks policy guidance against which to test decisions, their decisions will be random."

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Eraldo Banovac

"Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects different groups differently."

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Robert McNamara
"Coercion, after all, merely captures man. Freedom captivates him."

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Robert McNamara
"We burned to death 100,000 Japanese civilians in Tokyo - men, women and children. LeMay recognized that what he was doing would be thought immoral if his side had lost. But what makes it immoral if you lose and not immoral if you win?"

Personal Development

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Robert McNamara
"It would be our policy to use nuclear weapons wherever we felt it necessary to protect our forces and achieve our objectives."

Personal Development

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Robert McNamara
"A computer does not substitute for judgment any more than a pencil substitutes for literacy. But writing without a pencil is no particular advantage."

Personal Development

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Robert McNamara
"One cannot fashion a credible deterrent out of an incredible action."

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Robert McNamara
"Neither conscience nor sanity itself suggests that the United States is, should or could be the global gendarme."

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