Nostalgia Combines Regularly With Manifest Respectability To

We Do Not Manufacture Wants For Goods We Do Not Produce.

In The Usual (though Certainly Not In Every) Public Decision On Economic Policy, The Choice Is Between Courses That Are Almost Equally Good Or Equally Bad. It Is The Narrowest Decisions That Are Most Ardently Debated. If The World Is Lucky Enough To Enjoy Peace, It May Even One Day Make The Discovery, To The Horror Of Doctrinaire Free-enterprisers And Doctrinaire Planners Alike, That What Is Called Capitalism And What Is Called Socialism Are Both Capable Of Working Quite Well.

The Modern Corporation Must Manufacture Not Only Goods But The Desire For The Goods It Manufactures.

But Now, As Throughout History, Financial Capacity And Political Perspicacity Are Inversely Correlated.

To See Economic Policy As A Problem Of Choice Between Rival Ideologies Is The Greatest Error Of Our Time.