“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.”
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In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.
Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.
More die in the United States of too much food than of too little.
The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.