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.

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.

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

Want is one only of five giants on the road of reconstruction; the others are Disease, Ignorance, Squalor, and Idleness.

The state is or can be master of money, but in a free society it is master of very little else.

Any proposals for the future, while they should use to the full the experience gathered in the past, should not be restricted by consideration of sectional interests established in the obtaining of that experience. Now, when the war is abolishing landmarks of every kind, is the opportunity for using experience in a clear field. A revolutionary moment in the world's history is a time for revolutions, not for patching.

If the way of heaven be narrow, it is not long; and if the gate be straight, it opens into endless life.