An economy may be in equilibrium from a short-period point of view and yet contain within itself incompatibilities that are soon going to knock it out of equilibrium.

A depression is a situation of self-fulfilling pessimism.

In all the talk in the Principles (as opposed to the formal analysis) it is not the saving of rentiers but the energy of entrepreneurs which governs accumulation.

The misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all.

At any moment there is certainly not balanced trade between the various areas of the habitable globe that happens to be under seperate national governments - there is an ever-changing pattern of deficits and surpluses.

Ideology is like breath: you never smell your own.

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