The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.

There is, in fact, only one solution: the state, the government, the laws must not in any way concern themselves with schooling or education. Public funds must not be used for such purposes. The rearing and instruction of youth must be left entirely to parents and to private associations and institutions

Progress is precisely that which rules and regulations did not foresee.

Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace.

Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit.

The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply.

Thoughts and ideas are not phantoms. They are real things. Although intangible and immaterial, they are factors in bringing about changes in the realm of tangible and material things.