If an economy in the doldrums could drift indefinitely, the… - Robert Heilbroner

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If an economy in the doldrums could drift indefinitely, the price of government inaction might be graver by far than the consequences of bold unorthodoxy.

Robert Heilbroner

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About Robert Heilbroner

Robert Heilbroner (March 24, 1919 – January 4, 2005) was an American economist and historian of economic thought.

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John Maynard Keynes John Kenneth Galbraith Joan Robinson Karl Marx Edward Bellamy

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We may make progress only by freeing ourselves from the rut of the past, but without this rut an orderly society would hardly be possible in the first place.

But the process of social change was not merely a matter of new inventions pressing on old institutions: it was a matter of new classes displacing old ones.

In the end the question is: Who is to be master, man or his machines? As long as the control over technology rests primarily on economic calculation, the victor is not likely to be man.

If an economy in the doldrums could drift indefinitely, the price of government inaction might be graver by far than the consequences of bold unortho… - Robert Heilbroner

About Robert Heilbroner

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