Ideologues of all persuasions think they know how the economy will respond to the Administration's strange mixture of Lafferism and monetarism. Indeed, their self-confidence is so vast, and their ability to rationalize so crafty, that one cannot imagine a scenario for the next few years, that they would regard as falsifying their dogma. The failure of any prediction can always be blamed on quirky political decisions or unforeseen historical events.
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"The Laffer Curve", Knotted Doughnuts and other Mathematical Entertainments (1986)Martin Gardner
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When the history of his time is written he will stand forth as the great figure in the years which have been so crowded with events. He gained the entire confidence of the nation by his patriotism, wisdom and ability, just as he won its love by his kindness and goodness to all men.
William McKinley
Economics, said Mr Stanley, is 50% psychology … What we need, apparently, is not statesman but hypnotists, not scientists, but witchdoctors, not confidence born of scientific prediction of the future, but confidence created by a political Confidence Trick. There is nothing surprising in this. It is the kind of mystic Mumbo-Jumbo to which capitalism is driven when austere reason pronounces sentence of death upon it. It is the primitive recoil from reality and the burdens of reality which lies at the root of Fascist psychology.
Aneurin Bevan
It is a truism, of course, that in “democratic” states the populace must be encouraged to imagine that it makes important decisions by voting, and must therefore be controlled by suitable propaganda, which implants ideas to which the voters respond as automatically as trained animals respond to words of command in a circus, thus leaving to the masses only a factitious choice between Tweedledum and Tweedledee on the basis of their preference for a certain kind of oratory, a hair-style, or a particular facial expression.
Revilo P. Oliver
There is something wrong with the way in which we make our decisions. The Government listen too much to the pollsters and the party managers. The trouble is that they are not even very good at politics, and they are entering too much into policy decisions. As a result, there is too much short-termism, too much reacting to events, and not enough shaping of events. We give the impression of being in office but not in power. Far too many important decisions are made for 36 hours' publicity.
Norman Lamont
In the United States… a handful of corporations centralize decisions and responsibilities that are relevant for military and political as well as economic developments of global significance. For nowadays the military and the political cannot be separated from economic considerations of power. We now live not in an economic order or a political order, but in a political economy that is closely linked with military institutions and decisions. This is obvious in the repeated "oil crisis" in the Middle East, or in the relevance of Southeast Asia and African resources for the Western powers…
C. Wright Mills
Gardner, Martin
Garfield, James A.
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