Freedom is the quality of being free from the control of regulators and tax collectors. If I want to be free their control, I must not impose controls on others.

Every individual is a potential gold buyer, although he may not need the gold. It may be added to the store of personal wealth, and passed from generation to generation as an object of family wealth. There is no other economic good as marketable as gold.

Sound money and free banking are not impossible; they are merely illegal.

Political power intoxicates the best hearts. No man is wise enough, nor good enough, to be trusted with much political power.

In a world dependent on international trade and commerce, and staggering under a heavy load of international debt, no policy is more destructive than protectionism. It cuts off markets, eliminates trade, causes unemployment in the export industries all over the world, depresses the prices of export commodities, especially farm products of the United States. It is the crowning folly of government intervention.

Peace is the natural state of man, war the temporary repeal of reason and virtue.

Inflationism is a dreadful cancer that is gnawing at the backbone of the civilized order.