The state is essentially an apparatus of compulsion and coercion. The characteristic feature of its activities is to compel people through the application or the threat of force to behave otherwise than they would like to behave.

We must fight all that we dislike in public life. We must substitute better ideas for wrong ideas.

Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?

History makes one wise, but not competent to solve concrete problems.

The wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being.

The history of mankind is the history of ideas.

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.