The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: 'If you seek his monument, look around.'

The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.

Against what is stupid, nonsensical, erroneous, and evil, [classical] liberalism fights with the weapons of the mind, and not with brute force and repression.

Neither the entrepreneurs nor the farmers nor the capitalists determine what has to be produced. The consumers do that.

State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.

A higher standard of living also brings about a higher standard of culture and civilization.

A wealthy man can preserve his wealth only by continuing to serve the consumers in the most efficient way.