we make a great fuss about national conscience, but it consists mainly in insisting upon everyone ascribing our national policy to highly moral motives, rather than in examining what our motives really are.

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

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

Unemployment is a reproach to a democratic government.

A sure sign of a crisis is the prevalence of cranks. It is characteristic of a crisis in theory that cranks get a hearing from the public which orthodoxy is failing to satisfy.

It is the business of economists, not to tell us what to do, but show why what we are doing anyway is in accord with proper principles.

The only thing worse than being exploited by capitalism is not being exploited by capitalism.