Is not liberty the destruction of all despotism - including, of course, legal despotism?

They will come to learn in the end, at their own expense, that it is better to endure competition for rich customers than to be invested with monopoly over impoverished customers.

Since the natural tendencies of mankind are so bad that it is not safe to allow them liberty, how comes it to pass that the tendencies of organizers are always good?

Taking Five and Returning Four is not Giving

Man acquires wealth in proportion as he puts his labor to better account.

There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.

There is not a tool, an implement, or a machine that has not resulted in a decrease in the contribution of human labor. Labor is not made permanently idle [though]; when replaced in one special category... it turns its attack against other obstacles on the main road to progress.