Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.

Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.

... often analysis seems to be based on the assumption that future economic output is almost entirely determined by inexorable economic forces independently of government policy so that devoting more resources to one use inevitably detracts from availability for another.

Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.

There is no reason inherent in the real resources available to us why we cannot move rapidly within the next two or three years to a state of genuine full employment.

It (land value taxation) guarantees that no one dispossess fellow citizens by obtaining a disproportionate share of what nature provides for humanity.