Economics and Politics

I can't help feeling wary when I hear anything said about the masses. First you take their faces from 'em by calling 'em the masses and then you accuse 'em of not having any faces.

Aristocracy and exclusiveness tend to final overthrow, in language as in politics.

Economics is a subject that really relates to core aspects of human well-being, and there’s a methodology for thinking about these things. This was a very appealing combination to me. Market systems are capable of massive breakdowns that can result in long, devastating periods of high unemployment. And I felt that economists had really learned something about how to address that.