One of the main truths of all education is that if the young are not always right, the old are always wrong.

The certainties of one age are the problems of the next.

A reasonable estimate of economic organisation must allow for the fact that, unless industry is to be paralysed by recurrent revolts on the part of outraged human nature, it must satisfy criteria which are not purely economic.

The real economic cleavage is not... between employers and employed, but between all who do constructive work, from scientist to laborer, on the one hand, and all whose main interest is the preservation of existing proprietary rights upon the other, irrespective of whether they contribute to constructive work or not.

A society which reverences the attainment of riches as the supreme felicity will naturally be disposed to regard the poor as damned ... if only to justify itself for making their life a hell.

Bankruptcies of governments have, on the whole, done less harm to mankind than their ability to raise loans.

Clever men are impressed in their differences from their fellows. Wise men are conscious of their resemblance to them.