Robert Heilbroner - Fact Quotes

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The basic function of the military — to achieve victory over the enemy — has been rendered obsolete by the fact that "victory" and defeat are almost certain to be achieved simultaneously.

Robert Heilbroner

When we estrange ourselves from history we do not enlarge, we diminish ourselves, even as individuals. We subtract from our lives one meaning which they do in fact possess, whether we recognize it or not. We cannot help living in history. We can only fail to be aware of it.

Robert Heilbroner

Even today-in blithe disregard to his actual philosophy — Smith is generally regarded as a conservative economist, whereas in fact, he is more avowedly hostile to the motives of businessman then most New Deal economists.

Robert Heilbroner

Keynes disdained inside information — in fact, he once declared that Wall Street traders could make huge fortunes if only they would disregard their "inside" information — and his own oracles were nothing but his minute scrutiny of balance sheets, his encyclopedic knowledge of finance, his intuition into personalities, and a certain flair for trading.

Robert Heilbroner

The secret to economic growth lay in the fact that that each generation attacked Nature not only with its own energies and resources, but with the heritage of equipment accumulated by its forebears.

Robert Heilbroner