What workers must learn is that the only reason why wage rates are higher in the United States is that the per head quota of capital invested is higher.

The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters.

The criterion of truth is that it works even if nobody is prepared to acknowledge it.

The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are not the outcome of the operation of the free market. They are on the contrary the result of well-intentioned but ill-advised government interference with the market.

During the 2300 years since Plato, very little opposition has been registered to his ideas.

Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces to arise side by side with and in opposition to political power. It thus becomes the basis of all those activities that are free from violent interference on the part of the state. It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.

To defeat the aggressors is not enough to make peace durable. The main thing is to discard the ideology that generates war.