Power Is As Power Does.

In The Affluent Society, No Useful Distinction Can Be Made Between Luxuries And Necessities.

Even The Word Depression Itself Was The Terminological Product Of An Effort To Soften The Connotation Of Deep Trouble. In The Last Century, The Term Crisis Was Normally Employed. With Time, However, This Acquired The Connotation Of The Misfortune It Described.

The Contented And Economically Comfortable Have A Very Discriminating View Of Government. Nobody Is Ever Indignant About Bailing Out Failed Banks And Failed Savings And Loans Associations... But When Taxes Must Be Paid For The Lower Middle Class And Poor, The Government Assumes An Aspect Of Wickedness.

Much Discussion Of Money Involves A Heavy Overlay Of Priestly Incantation.

The Experience Of Being Disastrously Wrong Is Salutary, No Economist Should Be Denied It, And Not Many Are.