Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.

Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.

Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income or in terms of an enhanced quality of life.

Work is a necessary evil to be avoided.

Politics is a necessary evil, or a necessary annoyance, a necessary conundrum.