The average American of today is intellectually so far removed from his forbears that instead of regarding government with apprehension, he is more likely to regard it as a virtual parent, concerned only with protecting and helping him

Whoever claims that economic competition represents survival of the fittest in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.

Under capitalism each individual engages in economic planning.

Under communism (socialism), there is no incentive to supply people with anything they need or want, including safety.

The average American of today is intellectually so far removed from his forbears that instead of regarding government with apprehension, he is more likely to regard it as a virtual parent, concerned only with protecting and helping him

The free market exists to promote prosperity and human life, and that is what it has accomplished, splendidly, with breathtaking brilliance. In the industrialized world, the average person today enjoys a standard of living superior to that of kings and emperors of the past. The whole world's population is capable of enjoying the same marvelous results, if it adopts economic freedom.

The slaves of socialism are slaves, but they are no one's property and therefore no one's loss.