Hal O'Brien

“In many ways the effect of the crash on embezzlement was more significant than on suicide. To the economist embezzlement is the most interesting of crimes. Alone among the various forms of larceny it has a time parameter. Weeks, months, or years may elapse between the commission of the crime and its discovery. (This is a period, incidentally, when the embezzler has his gain and the man who has been embezzled, oddly enough, feels no loss. There is a net increase in psychic wealth.) At any given time there exists an inventory of undiscovered embezzlement in — or more precisely not in — the country’s businesses and banks. This inventory — it should perhaps be called the bezzle — amounts at any moment to many millions of dollars. It also varies in size with the business cycle. In good times people are relaxed, trusting, and money is plentiful. But even though money is plentiful, there are always many people who need more. Under these circumstances the rate of embezzlement grows, the rate of discovery falls off, and the bezzle increases rapidly. In depression all this is reversed. Money is watched with a narrow, suspicious eye. The man who handles it is assumed to be dishonest until he proves himself otherwise. Audits are penetrating and meticulous. Commercial morality is enormously improved. The bezzle shrinks.

…

Just as the boom accelerated the rate of growth, so the crash enormously advanced the rate of discovery. Within a few days, something close to a universal trust turned into something akin to universal suspicion. Audits were ordered. Strained or preoccupied behavior was noticed. Most important, the collapse in stock values made irredeemable the position of the employee who had embezzled to play the market. He now confessed.”
― John Kenneth Galbraith, The Great Crash 1929

“On to the library. And all through his time at the card catalog, combing the shelves, filling out the request cards, he danced a silent, flirtatious minuet of the eyes with a rosy-cheeked redhead in the biology section, pages of notes spread before her. All his life, he had had a yen for women in libraries. In a cerebral setting, the physical becomes irresistible. Also, he figured he was really more likely to meet a better or at least more compatible woman in a library than in a saloon. Ought to have singles libraries, with soups and salads, Bach and Mozart, Montaignes bound in morocco; place to sip, smoke, and seduce in a classical setting, noon to midnight. Chaucer's Salons, call them, franchise chain.”
― Stephen Minkin, A no doubt mad idea

“I believe it was Gayelord Hauser, the nutritionist, who said, 'You are what you eat,' but if you happen to be an intellectual, you are what you quote.”
― Joseph Epstein, A Line Out For a Walk

“I think we ought to read only the kind of books that wound and stab us.”
― Franz Kafka