It is much easier to organize control over one industry serving many markets than over one market served by the products of several industries.

There is no such thing as a normal period of history. Normality is a fiction of economic textbooks.

Not only subjective poverty is never overcome by growth, but absolute poverty is increased by it. ... Absolute misery grows while wealth increases.

A sure sign of a crisis is the prevalence of cranks. It is characteristic of a crisis in theory that cranks get a hearing from the public which orthodoxy is failing to satisfy.

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

The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future.

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.