Inflation is essentially antidemocratic.

The Santa Claus principle liquidates itself.

Our whole civilization rests on the fact that men have always succeeded in beating off the attack of the re-distributors.

The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.

If history could teach us anything, it would be that private property is inextricably linked with civilization.

The government and its chiefs do not have the powers of the mythical Santa Claus. They cannot spend except by taking out of the pockets of some people for the benefit of others.

Fascism was an emergency makeshift. To view it as something more would be a fatal error.