The uncouth hordes of common men are not fit to recognize duly the merits of those who eclipse their own wretchedness.

Where there is no market economy, the best intentioned provisions of constitutions and laws remain a dead letter.

Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away

Government policies try to prevent the emergence of serious unemployment by credit expansion, i.e., inflation. The outcome was rising prices, renewed demands for higher wages and reiterated credit expansion; in short, protracted inflation.

If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace.

Continued inflation inevitably leads to catastrophe.

Against what is stupid, nonsensical, erroneous, and evil, [classical] liberalism fights with the weapons of the mind, and not with brute force and repression.