Robert Heilbroner quotes - page 2

David Ricardo saw that the escalator worked with different effects on different classes, that some rode triumphantly to the top, while others were carried up a few steps and then kicked back down to the bottom. (Robert Heilbroner)
But while Ricardo, the economist, walked like a god (although he was a modest and retiring person), Malthus was relegated to a lower status. View quote
Robert Heilbroner
The distribution of wealth, therefore, depends on the laws and customs of society. View quote
Robert Heilbroner
But despite the clarion words of the Manifesto, the demonic note was not a call for a revolution of communism; it was a cry born only of frustration and despair. View quote
Robert Heilbroner
Keynes disdained inside information - in fact, he once declared that Wall Street traders could make huge fortunes if only they would disregard their "inside" information - and his own oracles were nothing but his minute scrutiny of balance sheets, his encyclopedic knowledge of finance, his intuition into personalities, and a certain flair for trading. View quote
Robert Heilbroner
For it is certain that the future will bring realities for which our traditional optimism fails to prepare us and against which our economic momentum fails to arm us. View quote
Robert Heilbroner
The rise of the welfare state, on the one hand, and of the military bureaucracy, on the other, are instances of the manner in which technology is enforcing a socialization of life. View quote
Robert Heilbroner