Nothing is so treacherous as the obvious.

In economic life competition is never completely lacking, but hardly ever is it perfect.

Recognition of the inevitability of comprehensive bureaucratization does not solve the problems that arise out of it.

For the duration of its collective life, or the time during which its identity may be assumed, each class resembles a hotel or an omnibus, always full, but always of different people.

The trouble with Russia is not that she is socialist but that she is Russia.

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

It is not true that democracy will always safeguard freedom of conscience better than autocracy. Witness the most famous of all trials. Pilate was, from the standpoint of the Jews, certainly the representative of autocracy. Yet he tried to protect freedom. And he yielded to a democracy.