The accepted ideas of any period are singularly those that serve the dominant economic interest...What economists believe and teach, whether in the United States or in the Soviet Union, is rarely hostile to the institutions - the private business enterprise, the Communist Party - that reflect the dominant economic power. Not to notice this takes effort, although many succeed.

The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.

The modern corporation must manufacture not only goods but the desire for the goods it manufactures.

Talk of revolution is one of avoiding reality.

Unemployment is rarely considered desirable except by those who have not experienced it.

The drive toward complex technical achievement offers a clue to why the U.S. is good at space gadgetry and bad at slum problems.

Among all the world's races, some obscure Bedouin tribes possibly apart, Americans are the most prone to misinformation. This is not the consequence of any special preference for mendacity, although at the higher levels of their public administration that tendency is impressive. It is rather that so much of what they themselves believe is wrong.