The ideas by which people . . . interpret their existence and in measure guide their behavior, were not forged in a world of wealth.

Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.

The problem of the modern economy is not a failure of a knowledge of economics; it's a failure of a knowledge of history.

The power of the corporate bureaucracy - the power of technostructure (a term that did not take off) - is something to which I still adhere.

A very complicated mass of things influences the economy - the speculative effect, government policy, consumer borrowing and spending, the level of technical innovation (which I concede, although everyone emphasizes it too much), and much more - including, of course, the rate of inflation.

The notion that you would initiate a new product without preparing the way by persuasion and advertising and salesmanship is fantastic. It's an integral part of the system.

The conspicuously wealthy turn up urging the character building values of the privation of the poor.