Anarchism misunderstands the real nature of man. It would be practicable only in a world of angels and saints

Not mythical material productive forces, but reason and ideas determine the course of human affairs. What is needed to stop the trend toward socialism and despotism is common-sense and moral courage.

Depression is the aftermath of credit expansion.

The continued existence of society depends upon private property.

The prerequisite for more economic equality in the world is industrialization. And this is possible only through increased capital investment, increased capital accumulation.

The Santa Claus principle liquidates itself.

The meaning of economic freedom is this: that the individual is in a position to choose the way in which he wants to integrate himself into the totality of society.