Nobody can be at the same time a correct bureaucrat and an innovator

We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of factors of production. Such absolutely perfect solutions of any problem are out of reach of mortal men. What the operation of a market not sabotaged by the interference of compulsion and coercion can bring about is merely the best solution accessible to the human mind under the given state of technological knowledge and the intellectual abilities of the age's shrewdest men.

Is still fulfilling its social function in supplying the consumers with more, better and cheaper goods.

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

We owe the origin and development of human society and, consequently, of culture and civilization, to the fact that work performed under the division of labor is more productive than when performed in isolation.

The market economy-capitalism-is a social system of consumers' supremacy.

History can tell us what happened in the past. But it cannot assert that it must happen again in the future.