Robert Heilbroner

"Keynes disdained inside information — in fact, he once declared that Wall Street traders could make huge fortunes if only they would disregard their "inside" information — and his own oracles were not…"

"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 fails to arm us."

"It is from the scope and wisdom of the economists of the past that we must reap the knowledge with which to face the future."

"Nobody wanted this commercialization of life."

"Even today — in blithe disregard to his actual philosophy — Smith is generally regarded as a conservative economist, whereas in fact, he is more avowedly hostile to the motives of businessman than mos…"

"Karl Marx did not call for an opposition to the forces of history. On the contrary he accepted all of them, the drive of technology, the revolutionizing effects of democratic striving, even the vagari…"

"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…"

"Today and over the foreseeable future,traditional capitalism throughout most of the world has been thrown on a defensive from which it is doubtful that it can never recover."