Men Have Been Swindled By Other Men

In The Affluent Society, No Useful Distinction Can Be Made Between Luxuries And Necessities.

Power Is Not Something That Can Be Assumed Or Discarded At Will Like Underwear.

A Very Complicated Mass Of Things Influences The Economy - The Speculative Effect, Government Policy, Consumer Borrowing And Spending, The Level Of Technical Innovation (which I Concede, Although Everyone Emphasizes It Too Much), And Much More - Including, Of Course, The Rate Of Inflation.

The Attraction Of Power We Take For Granted In Politics.. But In Economics...the Thrust...is For Pecuniary Return, For Money. And I Have Always Felt That Denies In The Economic World A Very Large Part Of The Motivation.

The Enemy Of The Conventional Wisdom Is Not Ideas But The March Of Events.