The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment.

Unemployment doles can have no other effect than the perpetuation of unemployment.

Reason is the main resource of man in his struggle for survival.

A short time ago the demagogues blamed capitalism for the poverty of the masses. Today they rather blame capitalism for the "affluence" that it bestows upon the common man.

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 causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.

Innovation is the whim of an elite before it becomes a need of the public.