Thomas Balogh, Baron Balogh Professions : Economist Born : November 2, 1905 Died : January 20, 1985 Browse All Authors Top 3 quotes by Thomas Balogh, Baron Balogh The modern history of economic theory is a tale of evasions of reality. Thomas Balogh, Baron Balogh economic modern reality Some people would believe anything, especially if it eliminates awkward social and political problems. Thomas Balogh, Baron Balogh political believe people The purpose of economic theory is to make those who are comfortable FEEL comfortable. Thomas Balogh, Baron Balogh economic theory purpose Similar Authors Bryan Caplan economist Burton Malkiel economist Bruno Frey economist Brian Wesbury economist Branko Milanovic economist Andrew Samwick economist All Authors