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We must take the world as it is and not as we would like it to be.

- Maurice Allais
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Maurice Allais
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It would be just as pointless to oppose the international use of English today as it would have been to oppose the worldwide use of French in the 18th century.

In principle, junk bonds are basically useful, but they are used excessively and irrationally, notably in takeovers.

I received my high school baccalaureate diploma in Latin and Science in 1928, then my two baccalaureate diplomas in Mathematics and Philosophy in 1929.

In August 1914, my father was called to war and then taken prisoner. He died in captivity in Germany on March 27, 1915. My youth - indeed, my entire life - was deeply marked by this, directly and indirectly.

Fascinated by history during my secondary education, then by physics and mechanics at the Ecole Polytechnique, I finally entered the national administration of mines in 1936.

The reality is that the institutional framework in which Wall Street operates is fundamentally inappropriate, and it inevitably generates violent fluctuations of the market.

My motivation was an idea of being able to improve the conditions of life, to try to find a remedy to many of the problems facing the world. That's what led me into economics. I saw it as a way of helping people.

Throughout the years following World War II and until the formation of the European Economic Community in 1958, I was very active as a national or international rapporteur at many of the international conferences aiming to establish an European community.

Wall Street has become a veritable casino.

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We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.

We must take the world as it is and not as we would like it to be.