Economic life, as always, is a matrix in which result becomes cause and cause becomes result. - John Kenneth Galbraith

The income men derive from producing things of slight consequence is of great consequence to them.

Authorship of any sort is a fantastic indulgence of the ego. It is well no doubt, to reflect on how much one owes to others.

This is what economics now does. It tells the young and susceptible (and also the old and vulnerable) that economic life has no content of power and politics because the firm is safely subordinate to the market and the state and for this reason it is safely at the command of the consumer and citizen. Such an economics is not neutral. It is the influential and invaluable ally of those whose exercise of power depends on an acquiescent public. If the state is the executive committee of the great corporation and the planning system, it is partly because neoclassical economics is its instrument for neutralizing the suspicion that this is so.