Speech to the Socialist International Conference (30 June 1974), quoted in The Times (1 July 1974), p. 1
Prime Minister
“Thus while diminishing returns do exist when industries are broadly defined, no industry can be considered in isolation from all the others, as supply and demand curve analysis requires.”
Source: Debunking Economics - The Naked Emperor Of The Social Sciences (2001), Chapter 3, The Price Of Everything And The Value Of Nothing, p. 69
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Steve Keen 27
Australian economist 1953Related quotes
Source: Economic Control of Quality of Manufactured Product,1931, p. vii
In his reply to Gandhiji's letter, quoted in The Most Celebrated Indian Engineer:Mokshagundam Visvesvaraya, 22 November 2013, Official web site of Government of India: Vigyan Prasar http://www.vigyanprasar.gov.in/dream/feb2000/article1.htm,
“To supply goods is a source of profit, but to supply services is a ' burden upon industry.”
It is for this reason that when, as a nation, ' we have never had it so good ' we find that we ' cannot afford ' just what we most need.
Source: Contributions to Modern Economics (1978), Chapter 21, Latter-Day Capitalism, p. 239
"Interview with W.Chan Kim & Renée Mauborgne," in: Blue Ocean Strategy http://centres.insead.edu/blue-ocean-strategy/documents/e-ibosi2015.pdf, INSEAD document, 2015.
1920s, Second State of the Union Address (1924)
Cheers.
Speech in Hanley (4 January 1910), quoted in The Times (5 January 1910), p. 7
Leader of the Opposition