Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.

It is not the ownership of the instruments of production which it is important for the State to assume. If the State is able to determine the aggregate amount of resources devoted to augmenting the instruments and the basic rate of reward to those who own them, it will have accomplished all that is necessary. Moreover, the necessary measures of socialization can be introduced gradually and without a break in the general traditions of society.

Unlike physics, for example, such parts of the bare bones of economic theory as are expressible in mathematical form are extremely easy compared with the economic interpretation of the complex and incompletely known facts of experience, and lead one a very little way towards establishing useful results.

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

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

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.