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.

He who serves the public best, makes the highest profits.

He who is unfit to serve his fellow citizens wants to rule them.

The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.

The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.

The productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals.

Economic knowledge necessarily leads to liberalism