Popular suffrage is in itself no guarantee of freedom. People can vote themselves into slavery.

The institution of taxation rests foursquare on the axiom that somebody must rule somebody else.

The only beneficiaries of income taxation are the politicians, for it not only gives them the means by which they can increase their emoluments, but it also enables them to improve their importance. The have-nots who support the politicians in the demand for income taxation do so only because they hate the haves; . . . the sum of all the arguments for income taxation comes to political ambition and the sin of covetousness.

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.

There cannot be a "good" society until there are "good" men.

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.

Popular suffrage is in itself no guarantee of freedom. People can vote themselves into slavery.