Lief Quotes
The proof of the pudding is in the eating. There was a widespread myth of the 1970s, a myth along Tom Kuhn's (1962) Structure of Scientific Revolutions lines. The Keynesianism, which worked so well in Camelot and brought forth a long epoch of price-level stability with good Q growth and nearly full employment, gave way to a new and quite different macro view after 1966. A new paradigm, monistic monetarism, so the tale narrates, gave a better fit. And therefore King Keynes lost self esteem and public esteem. The King is dead. Long live King Milton!
Contemplate the true facts. Examine 10 prominent best forecasting models 1950 to 1980: Wharton, Townsend–Greenspan, Michigan Model, St. Louis Reserve Bank, Citibank Economic Department under Walter Wriston's choice of Lief Olson, et cetera. ... M did matter as for almost everyone. But never did M alone matter systemically, as post-1950 Friedman monetarism professed.
Paul Samuelson
Ben, the ethics of sex is a thorny problem. Each of us is forced to grope for a solution he can live with - in the face of a preposterous, unworkable, and evil code of so-called "morals." Most of us know the code is wrong; almost everybody breaks it. But we pay Danegeld by feeling guilty and giving lip service. Willy-nilly, the code rides us, dead and stinking, an albatross around the neck.
You, too, Ben. You fancy yourself a free soul - and break that evil code. But faced with a problem in sexual ethics new to you, you tested it against that same Judeo-Christian code... so automatically your stomach did flip-flops... and you think that proves you're right and they're wrong. Faugh! I'd as lief use trial by ordeal.
Robert A. Heinlein
