People make mistakes - they say things they shouldn't have or didn't necessarily mean. But I strongly believe in consequences. If there are none, someone might feel like they've gotten away with something, or that what they said couldn't have been that bad. ↗
The Roosevelt enactment of Social Security was a moral revolution in our country: We were assured that we would never reach the very depths of poverty. And to be told, that we are now going to gamble it, on Wall Street, is nonsense! ↗
Of everyone else who was running, and there were some very talented people, none of them had anywhere near the experience I had in hiring people, holding them accountable, creating systems for accountability. ↗
Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition. ↗