"The problems of tomorrow require whole new concepts of how a free economy can work. As the tools of production become more productive, it means that we've got to find the markets by which people can absorb this greater productivity. Unless the fruits of technology are shared among workers and stockholders and consumers more equitably, the economy gets in trouble because you develop a lag between the ability to create wealth on the one hand, and the inability of people to consume the wealth that we know how to create."
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"While I have not, as yet, actually effected a transmission of a considerable amount of energy, such as would be of industrial importance, to a great distance by this new method, I have operated severa…"
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