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

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

The very nature of economics is rooted in nationalism. ... It [was] developed ... in the hope of throwing light upon questions of policy. But policy means nothing unless there is an authority to carry it out, and authorities are national.

A depression is a situation of self-fulfilling pessimism.

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

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

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.