Calculus Quote by Robert Heilbroner

“John Stuart Mill (20 May 1806 – 8 May 1873), English philosopher, political theorist, political economist, civil servant and Member of Parliament, was an…

— John Stuart Mill

“It was the task of industrial society to destroy all of that. All that "community" implies -- self-sufficiency, mutual aid, morality in the marketplace,…

— Kirkpatrick Sale

“[John Stuart] Mill held that truth emerges from an unfettered competition of ideas and that individual character is most improved when allowed to find…

— Charles Krauthammer

Ingeniously, capitalism discovered that the economy may be moved not by satisfying existing needs, but by creating new ones.

— Zygmunt Bauman

“The Newtonian scheme became an illusion of determinism in a tempestuous world of human actions. Economists became preoccupied with mechanical models of markets and…

— George Gilder

Consider in what way the industrial system developed upon capitalist lines. Why were a few rich men put with such ease into possession of…

— Hilaire Belloc

The Jacksonian era is generally talked about in terms of individualism, and the development of free market capitalism, and Victorian prudery. It was shocking…

— Christine Jennings

“If we can agree that the economic problem of society is mainly one of rapid adaptation to changes in the particular circumstances of time…

— Friedrich A. Hayek

As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific.

— Ludwig von Mises

If all properly economic problems were solved once for all . . . the social struggle and strife would . . . [not necessarily]…

— Frank Knight

Economics, we learn in the history of thought, only became a science by escaping from the casuistry and moralizing of medieval thought.

— Kenneth E. Boulding

It was only in the late nineteenth century and then the twentieth century, with the maturation of consumer capitalism, that a shift was made…

— Rodney Clapp