There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.

I was brought up in southwestern Ontario where we were taught that Canadian patriotism should not withstand anything more than a five-dollar-a-month wage differential. Anything more than that and you went to Detroit.

The fully planned economy, so far from being unpopular, is warmly regarded by those who know it best.

Were it part of our everyday education and comment that the corporation is an instrument for the exercise of power, that it belongs to the process by which we are governed, there would then be debate on how that power is used and how it might be made subordinate to the public will and need. This debate is avoided by propagating the myth that the power does not exist.

It is a commonplace of modern technology that problems have solutions before there is knowledge of how they are to be solved.

I am worried about our tendency to over invest in things and under invest in people.

In economics, the majority is always wrong.