If there is any law governing the distribution of income between classes, it still remains to be discovered.

In all the talk in the Principles (as opposed to the formal analysis) it is not the saving of rentiers but the energy of entrepreneurs which governs accumulation.

Marx, however imperfectly he worked out the details, set himself the task of discovering the law of motion of capitalism, and if there is any hope of progress in economics at all, it must be in using academic methods to solve the problems posed by Marx.

I do not regard the Keynesian revolution as a great intellectual triumph. On the contrary, it was a tragedy because it came so late. Hitler had already found out how to cure unemployment before Keynes had finished explaining why it occured.

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

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

owning capital is not a productive activity.