In Economics, Unlike Fiction And The Theater,

We Can Safely Abandon The Doctrine Of The Eighties, Namely That The Rich Were Not Working Because They Had Too Little Money, The Poor Because They Had Much.

Few Things In Life Can Be So Appalling As The Difference Between A Dry Antiseptic Statement Of A Principle By A Well Spoken Man In A Quiet Office, And What Happens To People When That Principle Is Put Into Practice.

The Massive Reduction In Risk That Is Inherent In The Development Of The Modern Corporation Has Been Far From Fully Appreciated.

A Drastic Reduction In Weapons Competition Following A General Release From The Commitment To The Cold War Would Be Sharply In Conflict With The Needs Of The Industrial System.

Economic Life, As Always, Is A Matrix In Which Result Becomes Cause And Cause Becomes Result.