The purpose of economic theory is to make those who are comfortable FEEL comfortable. — Thomas Balogh, Baron Balogh Comfortable Copy Share Image
Some people would believe anything, especially if it eliminates awkward social and political problems. — Thomas Balogh, Baron Balogh Awkward Copy Share Image
The modern history of economic theory is a tale of evasions of reality. — Thomas Balogh, Baron Balogh Economic Copy Share Image