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The change began with John Stuart Mill and the Utopians. When Mill pointed out that economics had no ultimate solution to the problem of distribution, that society might do with the fruits of its toil as it saw fit, he introduced into the mechanical calculus of the market a conflicting calculus of moral judgment.
Robert Heilbroner
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But the process of social change was not merely a matter of new inventions pressing on old institutions: it was a matter of new classes displacing old ones.
Robert Heilbroner
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There was no simple riddance to the power of a dangerous political idea; no assassination possible to avert a disruptive change in technology; no natural death to be counted on to stop an economic change that ripped up ancestral estates or stirred up class discontent.
Robert Heilbroner
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Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Robert Heilbroner
Born:
March 24, 1919
Died:
January 4, 2005
(aged 85)
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