Very few of the heroes of the Golden Age of American finance had much interest in the solid realities of what underlay their structure of stocks and bonds and credits. Later on, a Henry Ford might introduce an era of… — Robert Heilbroner Copy Share
We turn to Marx, therefore, not because he is infallible, but because he is inescapable. — Robert Heilbroner Copy Share Image
Economists can be called the worldly philosophers for they sought to embrace in a scheme of philosophy the most worldly of man's activities-his drive… — Robert Heilbroner Copy Share Image
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 Heilbroner Copy Share
Before economics can progress, it must abandon its suicidal formalism. — Robert Heilbroner Copy Share Image
If one could divine the nature of the economic forces in the world, one could foretell the future. — Robert Heilbroner Copy Share Image
Smith, as we have said, was not the proponent of any one class. He was a slave to his system. His whole economic philosophy stemmed from his unquestioning faith in the ability of the market to guide the system to its point of highest return. The market — that wonderful social machine — would take care of society's needs if… — Robert Heilbroner Copy Share
Growth is the mantra of our society because the economy can't remain healthy without growth.Impregnable monopolies aside (and these are few), profits are both the hallmark of capitalism and its Achilles heel, for no business can permanently maintain its prices much above its costs. There is only one way in which profits can be perpetuated; a business-or an entire economy-must… — Robert Heilbroner Copy Share
For one who has read the works of Marx it is frightening to look back at the grim determination with which so many nations… — Robert Heilbroner Copy Share Image
Less than seventy-five years after it officially began, the contest between capitalism and socialism is over: capitalism has won. — Robert Heilbroner Copy Share Image
History , as it comes into our daily lives, is charged with surprise and shock. — Robert Heilbroner Copy Share Image
