When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.

The system of capitalism, of the market economy, is a system of freedom, of justice, of productivity. But these three virtues cannot be separated. Each flows out of the other.

Bureaucrats denounce private enterprise for the consequences of their own reckless policies and demand still more governmental controls.

The envious are more likely to be mollified by seeing others deprived of some advantage than by gaining it for themselves. It is not what they lack that chiefly troubles them, but what others have.

Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed to cure. Voluntary private investment in private enterprise, on the other hand, promotes capitalism, production, independence, and self-reliance.

A man who is good from docility, and not from stern self-control, has no character.

The real solution to the problem of poverty consists in finding how to increase the employment and earning power of the poor.