Inflation is the true opium of the people and it is administered to them by anticapitalist governments and parties.

The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.

Government cannot make man richer, but it can make him poorer.

In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined. There is only groping in the dark. Socialism is the abolition of rational economy.

The common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality.

Once the principle is admitted that it is the duty of the government to protect the individual against his own foolishness, no serious objections can be advanced against further encroachments.

The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply.