Economics Has Never Been A

Kelsoism Is Not Accepted By Modern Scientific Economics As A Valid And Fruitful Analysis Of The Distribution Of Income But Rather It Is Regarded As An Amateurish And Cranky Fad.

What Counts Is Results, And There Can Be No Doubt That The Soviet Planning System Has Been A Powerful Engine For Economic Growth...the Soviet Model Has Surely Demonstrated That A Command Economy Is Capable Of Mobilizing Resources For Rapid Growth.

Companies Are Not Charitable Enterprises: They Hire Workers To Make Profits. In The United States, This Logic Still Works. In Europe, It Hardly Does.

When The Economy Was Going Up, [milton Friedman And I] Both Gave The Same Advice, And When The Economy Was Going Down, We Gave The Same Advice. But In Between He Didn't Change His Advice At All.

The Debate Can Be Put In The Form Of The Question: Resolved, That The Best Of Money Managers Cannot Be Demonstrated To Be Able To Deliver The Goods Of Superior Portfolio-selection Performance. Any Jury That Reviews The Evidence, And There Is A Great Deal Of Relevant Evidence, Must At Least Come Out With The Scottish Verdict: Superior Investment Performance Is Unproved.