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.

Private capitalism makes a steam engine; State capitalism makes pyramids.

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.

[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.

All wars come to an end, at least temporarily. But the authority acquired by the state hangs on; political power 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.