It is indeed one of the principal drawbacks of every kind of interventionism that it is so difficult to reverse the process.

The state is the only institution entitled to apply coercion and compulsion and to inflict harm upon individuals. This tremendous power cannot be abandoned to the discretion of some men, however competent and clever they may deem themselves. It is necessary to restrict its application. This is the task of the laws.

Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man.

Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it more agreeable.

Western civilization is based upon the libertarian principle, and all its achievements are the results of the action of free men.

[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics

Freedom really means the freedom to make mistakes.