Robert L. Heilbroner: Economics

Robert L. Heilbroner was American historian and economist. Explore interesting quotes on economics.
Robert L. Heilbroner: 78 quotes1 like

“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.”

Robert L. Heilbroner

Source: The Future As History (1960), Chapter III, Part 12, The Deepening Confusion, p. 170

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

Robert L. Heilbroner book The Worldly Philosophers

Source: The Worldly Philosophers (1953), Chapter IX, John Maynard Keynes, p. 257

“There was no simple riddance to the power of a dangerous political idea; no assassination possible to avert a disruptive change in technology; no natural death to be counted on to stop an economic change that ripped up ancestral estates or stirred up class discontent.”

Robert L. Heilbroner

Source: The Future As History (1960), Chapter I, Part 6, The Inevitability of Progress, p. 31

“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.”

Robert L. Heilbroner book The Worldly Philosophers

Source: The Worldly Philosophers (1953), Chapter XI, Beyond the Economic Revolution, p. 307

“The secret to economic growth lay in the fact that that each generation attacked Nature not only with its own energies and resources, but with the heritage of equipment accumulated by its forebears.”

Robert L. Heilbroner book The Worldly Philosophers

Source: The Worldly Philosophers (1953), Chapter X, The Modern World, p. 278

“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.”

Robert L. Heilbroner

Source: The Future As History (1960), Chapter III, part 10, The Mastery of Technology, p. 161

“It is one of the dangerous self-deceptions of our society to pretend that mechanisms of control do not really exist, and to maintain, without qualification, that we are an economically "free" people.”

Robert L. Heilbroner

Source: The Future As History (1960), Chapter III, Part 9, The Embrarras De Richesses, p. 150