Wednesday, June 14, 2006

What Happened?

Embarrassing Quotation of the Week

"Assuming that the increase in wealth production and population continue at the present compound rates, it seems likely that in the course of two or three decades, the U.S.S.R. will have become the wealthiest country in the world, and at the same time the community enjoying the greatest aggregate of individual freedom."

Sidney and Beatrice Webb, Soviet Communism: A New Civilization (New York: Charles Scribner's Sons, 1936), quoted in New York Herald Tribune Books 12, March 8, 1936, 2.

Reality intervened.

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