If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't.

To the revolutionary mind the American vista must have been almost as incredible as Genghis Khan's first view of China - so rich, so soft, so unaware.

The winds that blow our billions away return burdened with themes of scorn and dispraise.

Lenin, the greatest theorist of them all, did not know what he was going to do after he had got the power.

There is a long history of monetary experience. It tells us that government is at heart a counterfeiter and therefore cannot be trusted to control money, and that this is true of both autocratic and popular government.

The New Deals enmity for that system of free and competitive private enterprise which we call capitalism was fundamental.

Government is the natural enemy of freedom.