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Quote by Robert Heilbroner

“There was no simple riddance to the power of a dangerous political idea; no assassination possible to avert a disruptive change in technology; no natural death to be counted on to stop an economic change that ripped up ancestral estates or stirred up class discontent.”

Quote by Robert Heilbroner

Author

Robert Heilbroner

Robert Heilbroner was a prominent economist, born on March 24, 1919, and passed away on January 4, 2005. His research focused on macroeconomics and the history of economics, profoundly influencing economic theory and policy. more

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“Karl Marx did not call for an opposition to the forces of history. On the contrary he accepted all of them, the drive of technology, the revolutionizing effects of democratic striving, even the vagaries of capitalism, as being indeed the carriers of a brighter future.”

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“Today and over the foreseeable future,traditional capitalism throughout most of the world has been thrown on a defensive from which it is doubtful that it can never recover.”

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“It is one of the dangerous self-deceptions of our society to pretend that mechanisms of control do not really exist, and to maintain, without qualification, that we are an economically "free" people.”

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“In the end the question is: Who is to be master, man or his machines? As long as the control over technology rests primarily on economic calculation, the victor is not likely to be man.”

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“We may make progress only by freeing ourselves from the rut of the past, but without this rut an orderly society would hardly be possible in the first place.”

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“The change began with John Stuart Mill and the Utopians . When Mill pointed out that economics had no ultimate solution to the problem of distribution , that society might do with the fruits of its toil as it saw fit, he introduced into the mechanical calculus of the market a conflicting calculus of moral judgment.”

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“Beware of lawyers and consultants and people who do not take risks and who do not get their hands dirty.”

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Book:The twenty-year century: essays on economics and public finance

Source: The twenty-year century: essays on economics and public finance

“All beautiful things bring sadness, nor alone Sweet music, as our wisest Poet spake, Because in us keen longings they awake.”

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“Common sense meant once something very different from that plain wisdom, the common heritage of men, which we now call by this name.”

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Book:A Select Glossary of English Words Used Formerly in Senses Different from Their Present

Source: A Select Glossary of English Words Used Formerly in Senses Different from Their Present