Capital simply allows us to expend labour in advance.

Value is the most invincible and impalpable of ghosts, and comes and goes unthought of, while the visible and dense matter remains as it was.

A little experience is worth much argument; a few facts are better than any theory.

Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory.

The difficulties of economics are mainly the difficulties of conceiving clearly and fully the conditions of utility.

we often observe that there is abundance of capital to be had at low rates of interest, while there are also large numbers of artisans starving for want of employment.

As a general rule, it is foolish to do just what other people are doing, because there are almost sure to be too many people doing the same thing.

Logic should no longer be considered an elegant and learned accomplishment; it should take its place as an indispensable study for every well-informed person.

The theory which follows is entirely based on a calculus of pleasure and pain; and the object of economics is to maximize happiness by purchasing pleasure, as it were, at the lowest cost of pain.

but, in reality, there is no such thing as an exact science.

A correct theory is the first step towards improvement, by showing what we need and what we might accomplish.

One should therefore not rely on mere words, but everywhere search for the intention behind them. (121)

Household objects lost meaning. A bedside clock became a hunk of molded plastic, telling something called time, in a world marking its passage for some reason.

Speech is one symptom of affection; and silence one; the perfect communication is heard of none.

If I could only have one more day, I could do a great painting.

It's not appeasement to talk to your enemies.

As I've said before, free money scams are a problem.

Don't worry if they're Democrats or Republicans. Give them service and they'll become Democrats.

I always heard that immigrants had a really hard life when they came to America.

Every great example of punishment has in it some injustice, but the suffering individual is compensated by the public good.

hen the price of carbon reaches $100 a tonne, then it will become an economically viable business proposition to start taking CO₂ out of the atmosphere and sequestering it underground.