Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.

During the 2300 years since Plato, very little opposition has been registered to his ideas.

Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away

It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production is aimed only toward serving the wishes of consumers.

Human action is purposeful behavior.

No increase in the welfare of the member of society can result from the availability of an additional quantity of money.

Welfare policies never attain those - allegedly beneficial - ends which the government and the self-styled progressives who advocated them wanted to attain, but - on the contrary - bring about a state of affairs which - from the very point of view of the government and its supporters - is even more unsatisfactory than the previous state of affairs they wanted to 'improve.'