Thomas Balogh, Baron Balogh quotes

The modern history of economic theory is a tale of evasions of reality.
-- Thomas Balogh, Baron Balogh

#Reality #Modern #Economic

Some people would believe anything, especially if it eliminates awkward social and political problems.
-- Thomas Balogh, Baron Balogh

#Believe #People #Political

The purpose of economic theory is to make those who are comfortable FEEL comfortable.
-- Thomas Balogh, Baron Balogh

#Purpose #Economic #Theory

All the best stories in the world are but one story in reality - the story of escape. It is the only thing which interests us all and at all times, how to escape.

Socializing on the internet is to socializing what reality TV is to reality.

Historic changes and challenges. Breakthroughs in human knowledge and opportunity. And yet, for vast numbers across the globe, the daily realities have not altered.

Modern dancers give a sinister portent about our times.

We modern Christians are long on talk and short on conduct.

Are science and Christianity friends? The answer to that is an emphatic yes, for any true science will be perfectly compatible with the truths we know by God's revelation. But this science is not naturalistic, while modern science usually is.

Speed, it seems to me, provides the one genuinely modern pleasure.

In Egypt, a civil state means a modern nationalist state that is compatible with Islamist provisions.

Advances have fallen, generally, for everything except the biggest potential bestsellers. Given all the changes, both economic and technological, SF hasn't done too badly.

Freedom of expression is no longer a political nicety, but a precondition for economic competitiveness.