Paul A. Baran Quotes:
Ocupation: Economist
Life: August 25, 1909 - March 26, 1964
Birthday: August 25
Death: March 26
By elevating the dictum of the market to the role of the sole criterion of rationality and efficiency, economics denies even all "respectability" to the distinction between essential and non-essential consumption, between productive and unproductive labor, between actual and potential surplus.
source: Paul A. Baran (1968). “Political Econ of Growth”, p.25, NYU Press
topic: Essentials, Roles, Economics, Surplus, Elevating
