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

The nature of technology depends very much upon what the public can be induced to put up with.

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.

A depression is a situation of self-fulfilling pessimism.

Unemployment is a reproach to a democratic government.

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

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.