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"There's only one honest way to measure affluence; that's by comparing the capability of producing goods and services with the desire of people to enjoy them. It's a lousy, crooked trick to compare this society with China or some such place and then say we're affluent. It's a piece of intellectual crookery even to compare this economy with itself ten or twenty years ago. We should compare what we have with what we could have."

— Louis O. Kelso
louis o. kelso Quotes Liberalism,Compare,Goods

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Louis O. Kelso
Liberalism
Compare
Goods
This Society
Economy
Capability
Affluent
Goods And Services
Crooked
Affluence

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Given, a man with moderate intellect, a moral standard not higher than the average, some rhetorical affluence and a great glibness of speech, what is the career in which, without the aid of birth or money, he may most easily attain power and reputation in English society? Where is that Goshen of mediocrity in which a smattering of science and learning will pass for profound instruction, where platitudes will be accepted as wisdom, bigoted narrowness as holy zeal, unctuous egoism as God-given piety?

— George Eliot

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The scarcity that afflicts the world is not the fault of either science or nature. The cause is defective economic institutions which abort technology's affluence producing potential.

— Louis O. Kelso

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