Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.

Wars of aggression are popular nowadays with those nations convinced that only victory and conquest could improve their material well-being.

The market system makes all producers responsible to the consumer.

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

Thus, the isolated interference with one or a few prices of consumer goods always bring about effects-and this is important to realize-which are even less satisfactory than the conditions that prevailed before.

The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.

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