Capital' is not what capital is called, it is what its name is called.

Income from property is not the reward of waiting, it is the reward of employing a good stockbroker.

Reality is never a golden age.

Economic theorists should not make such a production about taking a rabbit out of a hat after having put the rabbit into the hat in full view of the audience.

The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured in terms of money are the only ones that ought to count.

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.

When I came up to Cambridge (in October 1921) to read economics, I did not have much idea of what it was about.