There is no inherent mechanism in our present system which can with certainty prevent competitive sectional bargaining for wages from setting up a vicious spiral of rising prices under full employment.

The trouble in modern democracy is that men do not approach to leadership until they have lost the desire to lead anyone.

Full employment does not mean literally no unemployment; that is to say, it does not mean that every man and woman in the country who is fit and free for work is employed productively every day of his or her working life ... Full employment means that unemployment is reduced to short intervals of standing by, with the certainty that very soon one will be wanted in one's old job again or will be wanted in a new job that is within one's powers.

Ignorance is an evil weed, which dictators may cultivate among their dupes, but which no democracy can afford among its citizens.

The object of government in peace and in war is not the glory of rulers or of races, but the happiness of the common man.

A cockle-fish may as soon crowd the ocean into its narrow shell, as vain man ever comprehend the decrees of God!

Scratch a pessimist and you will often find a defender of privilege.