The danger to a free society is not the guns owned by the citizens but an unconstrained government.... An armed society is a self-governing society, just as a disarmed people are vulnerable to arbitrary power of every kind.

Money out of nothing is money that is eventually worth nothing.

Always and everywhere, the only serious political issue is what the state should and should not do. All the rest distracts.

Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.

Democracy has turned out to be not majority rule but rule by well-organized and well-connected minority groups who steal from the majority.

If the people are led to believe that scarce resources are best channeled in a direction that producers and consumers would not choose on their own, the result must necessarily be central planning.

If credit expansion, protectionism, and government spending were a path to prosperity, mankind would have long ago created heaven on earth.