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

Used to the conditions of a capitalistic environment, the average American takes it for granted that every year business makes something new and better accessible to him. Looking backward upon the years of his own life, he realizes that many implements that were totally unknown in the days of his youth and many others which at that time could be enjoyed only by a small minority are now standard equipment of almost every household.

No one can escape the influence of a prevailing ideology.

The truth is that the government cannot give if it does not take from somebody...It is not in the power of the government to make everybody more prosperous.

Whoever wants peace among nations must seek to limit the state and its influence most strictly.

In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord. He is simply the buyer of services which he must purchase at their market price.

When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the entrepreneurs and capitalists, can only be acquired by means of the consumers ballot, held daily in the marketplace.