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Economics is all about how people make choices. Sociology is all about why they don't have any choices to make.

James Duesenberry

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I would sum up my fear about the future in one word: boring. And that's my one fear: that everything has happened; nothing exciting or new or interesting is ever going to happen again … the future is just going to be a vast, conforming suburb of the soul.
J. G. Ballard

James Duesenberry

James Duesenberry

Born: July 18, 1918
Died: October 5, 2009 (aged 91)
Bio: James Stemble Duesenberry was an American economist. He made a significant contribution to the Keynesian analysis of income and employment with his 1949 doctoral thesis Income, Saving and the Theory of Consumer Behavior.

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