Inflation is essentially antidemocratic.

War prosperity is like the prosperity that an earthquake or a plague brings.

Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of man's human existence.

In all countries with a settled bureaucracy people used to say: The cabinets come and go, but the bureaus remain.

The capitalist system was termed "capitalism" not by a friend of the system, but by an individual who considered it to be the worst of all historical systems, the greatest evil that had ever befallen mankind. That man was Karl Marx.

It is always the individual who thinks. Society does not think any more than it eats or drinks. The evolution of human reasoning from the naive thinking of primitive man to the more subtle thinking of modern science took place within society. However, thinking itself is always an achievement of individuals.

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