Nothing Is So Treacherous As The Obvious.

Want And Effective Demand Are Not The Same Thing. If They Were, The Poorest Nations Would Be The Ones To Display The Most Vigorous Demand.

This Civilization Is Rapidly Passing Away, However. Let Us Rejoice Or Else Lament The Fact As Much As Everyone Of Us Likes; But Do Not Let Us Shut Our Eyes To It.

The State Has Been Living On A Revenue Which Was Being Produced In The Private Sphere For Private Purposes And Had To Be Deflected From These Purposes By Political Force. The Theory That Construes Taxes On The Analogy Of Club Dues Or Of The Purchase Of The Services Of, Say, A Doctor Only Proves How Far Removed This Part Of The Social Sciences Is From Scientific Habits Of Mind.

All We Can Thus Far Say About The Duration Of The Units Of [the Business Cycle] And Each Of [its] Two Phases Is That It Will Depend On The Nature Of The Particular Innovations That Carry A Cycle,... And The Financial Conditions And Habits Prevailing In The Business Community In Each Case.

Capitalism Stands Its Trial Before Judges Who Have The Sentence Of Death In Their Pockets. They Are Going To Pass It, Whatever The Defense They May Hear; The Only Success Victorious Defense Can Possibly Produce Is A Change In The Indictment.