Growth is the mantra of our society because the economy can't remain healthy without growth.Impregnable monopolies aside (and these are few), profits are both the hallmark of capitalism and its Achilles heel, for no business can permanently maintain its prices much above its costs. There is only one way in which profits can be perpetuated; a business-or an entire economy-must grow.

The use of mathematics has brought rigor to economics. Unfortunately, it has also brought mortis.

Socialism has been a great tragedy this century.

If one could divine the nature of the economic forces in the world, one could foretell the future.

As the histories of ancient and modern democracies illustrate, the pressure of political movement in times of war, civil commotion, or general anxiety pushes in the direction of authority, not away from it.

We turn to Marx, therefore, not because he is infallible, but because he is inescapable.

Veblen once asked a religious student the value of her church in kegs of beer.