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.
![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](http://cdn.myquotes.org/images/louis-o-kelso/theres-only-one-honest-way-to-measure-affluence-thats-by-comparing-the-capability-of-producing-goods-and-services-with-the.jpg)