Democracy is a political method, that is to say, a certain type of institutional arrangement for arriving at political — legislative and administrative — decisions and hence incapable of being an end in itself.

The intellectual and social climate needed to allow entrepreneurship to thrive will not exist in advanced capitalism.

The success of everything depends on intuition, the capacity of seeing things in a way which afterwards proves to be true, even though it cannot be established at the moment, and of grasping the essential fact, discarding the unessential, even though one can give no account of the principles by which this is done.

Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.

The ballot is stronger than bullets.

There exists no more democratic institution than the market

Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.