Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.

If all properly economic problems were solved once for all . . . the social struggle and strife would . . . [not necessarily] be reduced in amount or intensity . . . in the absence of some moral revolution which could by no means be assumed to follow in consequence of this change itself.

Always history is being made; opinions attitudes and institutions change, and there is evolution in the nature of capitalism

In the long run all producers are forced to use the most efficient methods or give place to others who do.

The possibility of saying anything about a thing rests on the assumption that it preserves its identity, or continues to be the same thing in the respect described, that it will behave in future situations as it has in past.

Conflicting economic interest is relatively unimportant as a cause of war.

Costs merely register competing attractions.