“It is gratifying to report that the progress of industry, the enormous increase in individual productivity through labor-saving devices, and the high rate of wages have all combined to furnish our people in general with such an abundance not only of the necessaries but of the conveniences of life that we are by a natural evolution solving our problems of economic and social justice.”

— Calvin Coolidge

1920s, Second State of the Union Address (1924)

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Calvin Coolidge 412

American politician, 30th president of the United States (i… 1872–1933

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“This is a nightmare, which will pass away with the morning. For the resources of nature and men's devices are just as fertile and productive as they were. The rate of our progress towards solving the material problems of life is not less rapid.”

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“The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.”

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“The older disciplines of Architecture and Manufacturing have accumulated considerable bodies of product knowledge through disciplined management of the "product definition" design artifacts. This has enabled enormous increases in product sophistication and the ability to manage high rates of product change over time. Similarly, disciplined production and management of "Enterprise definition" (i. e. the set of models identified in the Framework for Enterprise Architecture) should provide for an accumulation of a body of Enterprise knowledge to facilitate enormous increases in Enterprise sophistication and accommodation of high rates of Enterprise change over time.”

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“I purchase the necessities of life with the productive power of German workmen. The results of our economic policy speak for us, not for the gold standard people. For we, the poor have abolished unemployment because we no longer pay homage to this madness, because we regard our entire economic existence as a production problem and no longer as a capitalistic problem. We placed the whole organized strength of the nation, the discipline of the entire nation, behind our economic policy. We explained to the nation that it was madness to wage internal economic wars between the various classes, in which they all perish together.”

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Context: Having seen that I was not capable of using all my resources in political action, I returned to my literary activity. There lay the the battlefield suited to my temperament. I wanted to make my novels the extension of my own father's struggle for liberty. But gradually, as I kept deepening my responsibility as a writer, the human problem came to overshadow political and social questions. All the political, social, and economic improvements, all the technical progress cannot have any regenerating significance, so long as our inner life remains as it is at present. The more the intelligence unveils and violates the secrets of Nature, the more the danger increases and the heart shrinks.

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"Mathematics in Economics: Achievements, Difficulties, Perspectives," 1975

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