Where is the pricing system that offers the consumer a fair choice between air to breathe and motor cars to drive about in?

Progress is slow partly from mere intellectual inertia. In a subject where there is no agreed procedure for knocking out errors, doctrines have a long life. A professor teaches what he was taught, and his pupils, with a proper respect and reverence for teachers, set up a resistance against his critics for no other reason than that it was he whose pupils they were.

Where is the pricing system that offers the consumer a fair choice between air to breathe and motor cars to drive about in?

When I came up to Cambridge (in October 1921) to read economics, I did not have much idea of what it was about.

One of the main effects (I will not say purposes) of orthodox traditional economics was ... a plan for explaining to the privileged class that their position was morally right and was necessary for the welfare of society.

Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done.

I came away from the talk with the perception that the risk of adverse side effects is so much greater than the risk of cervical cancer, I couldn’t help but question why we need the vaccine at all.