The Only Function Of Economic Forecasting Is

It Is Not Necessary To Advertise Food To Hungry People, Fuel To Cold People, Or Houses To The Homeless.

People Are The Common Denominator Of Progress. So No Improvement Is Possible With Unimproved People, And Advance Is Certain When People Are Liberated And Educated. It Would Be Wrong To Dismiss The Importance Of Roads, Railroads, Power Plants, Mills,and The Other Familiar Furniture Of Economic Development. But We Are Coming To Realize That There Is A Certain Sterility In Economic Monuments That Stand Alone In A Sea Of Illiteracy. Conquest Of Illiteracy Comes First.

Mr. David Stockman Has Said That Supply-side Economics Was Merely A Cover For The Trickle-down Approach To Economic Policy — What An Older And Less Elegant Generation Called The Horse-and-sparrow Theory: If You Feed The Horse Enough Oats, Some Will Pass Through To The Road For The Sparrows.

In The World Of Minor Lunacy The Behaviour Of Both The Utterly Rational And The Totally Insane Seems Equally Odd.

Total Physical And Mental Inertia Are Highly Agreeable, Much More So Than We Allow Ourselves To Imagine. A Beach Not Only Permits Such Inertia But Enforces It, Thus Neatly Eliminating All Problems Of Guilt. It Is Now The Only Place In Our Overly Active World That Does.