When individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman's temptations to expand his services... a government valuable they may be, have no market price and, therefore, cannot be subjected to profit-and-loss accounting.

An ounce of gold is an ounce of gold, whether it consists of guineas, sovereigns or eagles.

The gold standard sooner or later will return with the force and inevitability of natural law, for it is the money of freedom and honesty.

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

Government welfare programs contribute to the disintegration of poor families. They make women and children dependent on government; dependent for food, for clothing, for shelter; and reward fatherless families with extra benefits and welfare perks.

Under the influence of collectivist ideologies, many politicians and journalists are ever eager to strike at successful entrepreneurs who earn much more than they do. It is difficult to ascertain their motives; it can be simple envy which consumes many men, or it can be economic ignorance.

The paper standard is self-destructive.