Recognition of the inevitability of comprehensive bureaucratization does not solve the problems that arise out of it.

Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.

In one important sense, Marxism is a religion. To the believer it presents, first, a system of ultimate ends that embody the meaning of life and are absolute standards by which to judge events and actions; and, secondly, a guide to those ends which implies a plan of salvation and the indication of the evil from which mankind, or a chosen section of mankind, is to be saved.

We always plan too much and always think too little. We resent a call to thinking and hate unfamiliar argument that does not tally with what we already believe or would like to believe.

Pessimistic visions about almost anything always strike the public as more erudite than optimistic ones

Our poverty will be brought home to us to its full extent only after the war.

To the believer Marxism presents, first, a system of ultimate ends that embody the meaning of life and are absolute standards by which to judge events and actions.