It is the institutions of society, not parental genes, that bestow the blessings of ownership of productive capital.

There is no future for those who cannot or will not think.

The one important distinction between the two factors of production is that in a free society, ownership of the human factor, labor, cannot be concentrated while ownership of the non-human factor, capital, can be.

Rather than providing him with economic opportunity, the Act of that name seems designed to make the poor man do penance all his life for the sin of being born into a non-capital-owning family... One searches it in vain for measure designed to provide economic opportunity to the capital owner. But nobody proposes to educate, train, or rehabilitate either him or his children, even when their "unemployment" is notorious.

That which is inherently nonfinanceable is financed. That which is inherently financeable is not financed. And the illogic of poverty amidst eagerness and ability to produce plenty goes on.

The first principle of economic symmetry: building the economic power to consume simultaneously with the industrial power to produce.

Our present predicament comes from the fact that running the economy on blood is no longer fashionable. We can't end this depression with another war.