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Saul Bellow

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People reserve their best thinking for their professional specialties and, next in line, for serious matters confronting the alert citizen—economics, politics, the disposal of nuclear waste, etc. The day’s work done, they want to be entertained.
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p. 16

 
Saul Bellow

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I have tried to suggest that injustice is not necessary economics;that the economics can work, and has often worked, when the constituency for it is animated. The politics of equality - that is a little harder.

 
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Truth be told, I'm not an easy man. I can be an entertaining one, though it's been my experience that most people don't want to be entertained. They want to be comforted. And, of course, my idea of entertaining might not be yours. I'm in complete agreement with all those people who say, regarding movies, "I just want to be entertained." This populist position is much derided by my academic colleagues as simpleminded and unsophisticated, evidence of questionable analytical and critical acuity. But I agree with the premise, and I too just want to be entertained. That I am almost never entertained by what entertains other people who just want to be entertained doesn't make us philosophically incompatible. It just means we shouldn't go to movies together.

 
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This is what economics now does. It tells the young and susceptible (and also the old and vulnerable) that economic life has no content of power and politics because the firm is safely subordinate to the market and the state and for this reason it is safely at the command of the consumer and citizen. Such an economics is not neutral. It is the influential and invaluable ally of those whose exercise of power depends on an acquiescent public. If the state is the executive committee of the great corporation and the planning system, it is partly because neoclassical economics is its instrument for neutralizing the suspicion that this is so.

 
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Some of the work confronting us will not be completed during my presidency. Some, like the elimination of nuclear weapons, may not be completed in my lifetime. But I know these challenges can be met so long as it's recognized that they will not be met by one person or one nation alone. This award is not simply about the efforts of my administration — it's about the courageous efforts of people around the world.

 
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