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

A depression is a situation of self-fulfilling pessimism.

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

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.

economics limps along with one foot in untested hypotheses and the other in untestable slogans.

It is the rate of investment which governs the rate of saving, and not vice versa.

science progresses by trial and error, and when it is forbidden to admit error there can be no progress.