The final outcome of the credit expansion is general impoverishment.

Perhaps there are somewhere in the infinite universe beings whose minds outrank our minds to the same extent as our minds surpass those of the insects. Perhaps there will once somewhere live beings who will look upon us with the same condescension as we look upon amoebae.

Fortunes cannot grow; someone has to increase them.

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

Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.

Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to overlook.

The masses favor socialism because they trust the socialist propaganda of the intellectuals. The intellectuals, not the populace, are molding public opinion.