37 Quotes by Walter Wriston

The Doomsayers have always had their uses, since they trigger the coping mechanism that often prevents the events they forecast.

Banking is a branch of the information business.

It is a maxim of cryptology that what one man can devise, another can unravel. This principle keeps armies of tax lawyers and accountants employed, but adds nothing to our national productivity.

Rising prices or wages do not cause inflation; they only report it. They represent an essential form of economic speech, sincemoney isjust another form of information.

Every line in the government's budget has its own constituency.

A truly global economy, as opposed to the multinational economy of the recent past, will require concessions of national power ... that seemed impossible a few years ago and which even now we can but partly imagine,

Capital goes to where it can escape taxation and be used to pay employees in sacks of rice.

The guy with the competitive advantage is the one with the best technology.

Many organizations are now trying to walk under the banner of The Learning Organization, realizing that knowledge is our most important product ... But the only place that I've seen it is in the Army. As one colonel said, "We realized a while ago that it's better to learn than be dead."