I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organizing investments.

Dangerous acts can be done safely in a community which thinks and feels rightly, which would be the way to hell if they were executed by those who think and feel wrongly.

If human nature felt no temptation to take a chance there might not be much investment merely as a result of cold calculation.

The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.

Galton's eccentric, sceptical, observing, flashing, cavalry-leader type of mind led him eventually to become the founder of the most important, significant and, I would add, genuine branch of sociology which exists, namely eugenics.

It is better that a man should tyrannize over his bank balance than over his fellow-citizens.

Like all his type, Newton was wholly aloof from women.