The Experience Of Being Disastrously Wrong Is

The Urge To Consume Is Fathered By The Value System Which Emphasizes The Ability Of The Society To Produce.

The Oldest Problem In Economic Education Is How To Exclude The Incompetent. A Certain Glib Mastery Of Verbiage-the Ability To Speak Portentously And Sententiously About The Relation Of Money Supply To The Price Level-is Easy For The Unlearned And May Even Be Aided By A Mildly Enfeebled Intellect. The Requirement That There Be Ability To Master Difficult Models, Including Ones For Which Mathematical Competence Is Required, Is A Highly Useful Screening Device.

Some Things Were Never Meant To Be Recycled.

I Talked About The Consolidation Of Power In The Hands Of The Corporate Bureaucracy, As Distinct From The Stockholders. To This View, I Still Strongly Adhere.

The Threat To Men Of Great Dignity, Privilege And Pretense Is Not From The Radicals They Revile; It Is From Accepting Their Own Myth. Exposure To Reality Remains The Nemesis Of The Great -- A Little Understood Thing.