I never learned maths, so I had to think.

The purpose of studying economics is to learn how not to be deceived by economists.

At any moment there is certainly not balanced trade between the various areas of the habitable globe that happens to be under separate national governments – there is an ever-changing pattern of deficits and surpluses.

There is an unearthly, mystical element in Friedman’s thought. The mere existence of a stock of money somehow promotes expenditure. But insofar as he offers an intelligible theory, it is made up of elements borrowed from Keynes.

It’s a terrible thing to be a worker exploited in the capitalist system. The only worse thing is to be a worker unable to find anyone to exploit you.

The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.

The only thing worse than being exploited by capitalism is not being exploited by capitalism.

Ideology is like breath: you never smell your own.

The nature of technology depends very much upon what the public can be induced to put up with.

The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured in terms of money are the only ones that ought to count.