Ideology is like breath: you never smell your own.

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

It is a popular error that bureaucracy is less flexible than private enterprise. It may be so in detail, but when large scale adaptations have to be made, central control is far more flexible. It may take two months to get an answer to a letter from a government department, but it takes twenty years for an industry under private enterprise to readjust itself to a fall in demand.

It is impossible to add the stock of money to the flow of saving.

The point of studying economics is so as not to be fooled by economists.

But, as soon as speculators become an important influence in the market, their business is to speculate on each others behaviour.

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