Very few of the heroes of the Golden Age of American finance had much interest in the solid realities of what underlay their structure of stocks and bonds and credits. Later on, a Henry Ford might introduce an era of intensely production-minded captains of industry, but the Harrimans, Morgans, Fricks, and Rockefellers were far more interested in the exciting manipulation of huge masses of intangible wealth than in the humdrum business of turning out goods.
One accumulates or one gets accumulated. - Robert Heilbroner
One accumulates or one gets accumulated.
- Robert Heilbroner
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 firs… - Robert Heilbroner
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 firs…
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,… - Robert Heilbroner
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,…
Capitalism is the only society in human history in which neither tradition nor conscious direction supervises the total effort of the community; it i… - Robert Heilbroner
Capitalism is the only society in human history in which neither tradition nor conscious direction supervises the total effort of the community; it i…
Mathematics has given economics rigor, but alas, also mortis. - Robert Heilbroner
Mathematics has given economics rigor, but alas, also mortis.
The change began with John Stuart Mill and the Utopians . When Mill pointed out that economics had no ultimate solution to the problem of distributio… - Robert Heilbroner
The change began with John Stuart Mill and the Utopians . When Mill pointed out that economics had no ultimate solution to the problem of distributio…
It's great to have two cars and a swimming pool. But there are disappointments. After you've made some money and acquired some things, and after the … - Robert Heilbroner
It's great to have two cars and a swimming pool. But there are disappointments. After you've made some money and acquired some things, and after the …
Less than seventy-five years after it officially began, the contest between capitalism and socialism is over: capitalism has won. - Robert Heilbroner
Less than seventy-five years after it officially began, the contest between capitalism and socialism is over: capitalism has won.
The cure for capitalism's failing would require that a government would have to rise above the interests of one class alone. - Robert Heilbroner
The cure for capitalism's failing would require that a government would have to rise above the interests of one class alone.
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