To assign to everybody his proper place in society is the task of the consumers. Their buying and abstention from buying is instrumental in determining each individual's social position.

Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.

The average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him.

There cannot be stable money within an environment dominated by ideologies hostile to the preservation of economic freedom.

The concept of a 'just' or 'fair' price is devoid of any scientific meaning; it is a disguise for wishes, a striving for a state of affairs different from reality.

The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump.