A lasting order cannot be established by bayonets.

The whole of mankind's progress has had to be achieved against the resistance and opposition of the state and its power of coercion.

Taxing profits is tantamount to taxing success.

There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population. The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed. This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.

It is not enough for [the investor] to know all the factors that can possibly contribute to the determination of a future event. In order to anticipate correctly they must also anticipate correctly the quantity as it were of each factor's contribution and the instant at which its contribution will become effective.

Economically considered, war and revolution are always bad business.

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