Marxism is the opium of the Marxists.

Voltaire remarked that it is possible to kill a flock of sheep by witchcraft if you give them plenty of arsenic at the same time. The sheep, in this figure, may well stand for the complacent apologists of capitalism; Marx's penetrating insight and bitter hatred of oppression supply the arsenic, while the labour theory of value provides the incantations.

It is impossible to add the stock of money to the flow of saving.

It is the business of economists, not to tell us what to do, but show why what we are doing anyway is in accord with proper principles.

Unequal distribution of income is an excessively uneconomic method of getting the necessary saving done.

It is a popular error that bureaucracy is less flexible than private enterprise. It may be so in detail, but when large scale adaptations have to be made, central control is far more flexible. It may take two months to get an answer to a letter from a government department, but it takes twenty years for an industry under private enterprise to readjust itself to a fall in demand.

Where is the pricing system that offers the consumer a fair choice between air to breathe and motor cars to drive about in?