It Was Herbert Spencer, Not

Perhaps Never Before Or Since Have So Many People Taken The Measure Of Economic Prospects And Found Them So Favorable As In The Two Days Following The Thursday [24th October 1929] Disaster.

From The Fact Of General Well-being Came The New Position Of The Poor. They Were Now In Most Communities A Minority. The Voice Of The People Was Now The Voice Of Relative Affluence. Politicians In Pursuit Of Votes Could Be Expected To Have A Diminishing Concern For The Very Poor. Compassion Would Have To Serve Instead - An Uncertain Substitute.

There Is No Name For All Who Participate In Group Decision-making Or The Organization Which They Form. I Propose To Call This Organization The Technostructure.

Much Of The World's Work, It Has Been Said, Is Done By Men Who Do Not Feel Quite Well. Marx Is A Case In Point.

In Economics, Hope And Faith Coexist With Great Scientific Pretension And Also A Deep Desire For Respectability.