The Commencement Speech Is Not, I Think,

Economic Life, As Always, Is A Matrix In Which Result Becomes Cause And Cause Becomes Result.

If You Feed Enough Oats To The Horse, Some Will Pass Through To Feed The Sparrows (referring To "trickle Down" Economics).

There Is No Name For All Who Participate In Group Decision-making Or The Organization Which They Form. I Propose To Call This Organization The Technostructure.

Meetings Are Held Because Men Seek Companionship Or, At A Minimum, Wish To Escape The Tedium Of Solitary Duties. They Yearn For The Prestige Which Accrues To The Man Who Presides Over Meetings, And This Leads Them To Convoke Assemblages Over Which They Can Preside. Finally, There Is The Meeting Which Is Called Not Because There Is Business To Be Done, But Because It Is Necessary To Create The Impression That Business Is Being Done. Such Meetings Are More Than A Substitute For Action. They Are Widely Regarded As Action.

Humor Is Richly Rewarding To The Person Who Employs It. It Has Some Value In Gaining And Holding Attention, But It Has No Persuasive Value At All.