The governments alone are responsible for the spread of the superstitious awe with which the common man looks upon every bit of paper upon which the treasury or agencies which it controls have printed the magical words legal tender.

In all countries with a settled bureaucracy people used to say: The cabinets come and go, but the bureaus remain.

The main political problem is how to prevent the police power from becoming tyrannical. This is the meaning of all the struggles for liberty.

All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.

There were nowhere more docile disciples of Lenin, Trotsky and Stalin than the Nazis were.

Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people.

The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality. Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.