The 16th Amendment corroded the American concept of natural rights; ultimately reduced the American citizen to a status of subject, so much so that he is not aware of it; enhanced Executive power to the point of reducing Congress to innocuity; and enabled the central government to bribe the states, once independent units, into subservience. No kingship in the history of the world ever exercised more power than our Presidency, or had more of the people's wealth at its disposal.

Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.

[When people] say 'let's do something about it,' they mean 'let's get hold of the political machinery so that we can do something to somebody else.' And that somebody is invariably you.

Economics is not politics. One is a science, concerned with the immutable and constant laws of nature that determine the production and distribution of wealth; the other is the art of ruling.

The State is not, as many political scientists would make it, an inanimate thing; it consists of people, human beings, each of whom operates under an inner compulsion to get the most out of life with the least expenditure of labor.

The State acquires power... and because of its insatiable lust for power it is incapable of giving up any of it. The State never abdicates.

Perhaps the removal of trade restrictions throughout the world would do more for the cause of universal peace than can any political union of peoples separated by trade barriers.