Which sentence is punctuated correctly? Ralph Waldo Emerson once said, “A foolish consistency is the hobgoblin of little minds.” Ralph Waldo Emerson once said, A foolish consistency is the hobgoblin of little minds. Ralph Waldo Emerson once said, A foolish consistency is the hobgoblin of little minds. Ralph Waldo Emerson once said, ‘A foolish consistency is the hobgoblin of little minds.’