Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.

Perhaps there are somewhere in the infinite universe beings whose minds outrank our minds to the same extent as our minds surpass those of the insects. Perhaps there will once somewhere live beings who will look upon us with the same condescension as we look upon amoebae.

Every collectivist assumes a different source for the collective will, according to his own political, religious and national convictions.

Society is joint action and cooperation in which each participant sees the other partner's success as a means for the attainment of his own.

The people who think that the power of big business is enormous are mistaken

Many pioneers of these industrial changes, it is true, became rich. But they acquired their wealth by supplying the public with motor cars, airplanes, radio sets, refrigerators, moving and talking pictures, and variety of less spectacular but no less useful innovations. These new products were certainly not an achievement of offices and bureaucrats.

If people do not consume their whole incomes, the non-consumed surplus can be invested, it increases the amount of capital goods available and thereby makes it possible to embark upon projects which could not be executed before.