In many fields of the administration of interventionist measures, favoritism simply cannot be avoided.

Capitalism and socialism are two distinct patterns of social organization. Private control of the means of production and public control are contradictory notions and not merely contrary notions. There is no such thing as a mixed economy, a system that would stand midway between capitalism and socialism.

Liberalism must be intolerant of every sort of intolerance.

Society is best served when the means of production are in the possession of those who know how to use them best.

On the unhampered market there prevails an irresistible tendency to employ every factor of production for the best possible satisfaction of the most urgent needs of the consumers. If the government interfered with this process, it can only impair satisfaction; it can never improve it.

Depression is the aftermath of credit expansion.

The average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him.