Government means always coercion and compulsion and is by necessity the opposite of liberty.

Depression is the aftermath of credit expansion.

Thoughts and ideas are not phantoms. They are real things. Although intangible and immaterial, they are factors in bringing about changes in the realm of tangible and material things.

A lasting order cannot be established by bayonets.

What impels every man to the utmost exertion in the service of his fellow man. Is, in the market not compulsion on the part of gendarmes, hangmen and penal courts, it is self interest.

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

The philosophy commonly called individualism is a philosophy of social cooperation and the progressive intensification of the social nexus.