The questions that are beyond the reach of economics-the beauty, dignity, pleasure and durability of life-may be inconvenient but they are important.

Third party politics, at least since La Follette, has always had an element of romance.

We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.

In economics, the majority is always wrong.

The shortcomings of economics are not original error but uncorrected obsolescence. The obsolescence has occurred because what is convenient has become sacrosanct. Anyone who attacks such ideas must seem to be a trifle self-confident and even aggressive. The man who makes his entry by leaning against an infirm door gets an unjustified reputation for violence. Something is to be attributed to the poor state of the door.

The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.

It was Herbert Spencer, not Charles Darwin, who coined the phrase Survival of the Fittest.