For it is certain that the future will bring realities for which our traditional optimism fails to prepare us and against which our economic momentum… - Robert Heilbroner

The Wealth of Nations may not be an original book, but it is unquestionably a masterpiece.

Economic freedom is a highly desirable state — but in bust and boom we must be prepared to face the its consequences.

The change began with John Stuart Mill and the Utopians. When Mill pointed out that economics had no ultimate solution to the problem of distribution, that society might do with the fruits of its toil as it saw fit, he introduced into the mechanical calculus of the market a conflicting calculus of moral judgment.