Sovereignty must not be used for inflicting harm on anyone, whether citizen or foreigner.

The issue is always the same: the government or the market. There is no third solution.

Fascism was an emergency makeshift. To view it as something more would be a fatal error.

Not mythical material productive forces, but reason and ideas determine the course of human affairs. What is needed to stop the trend toward socialism and despotism is common-sense and moral courage.

Both force and money are impotent against ideas.

He who disdains the fall in infant mortality and the gradual disappearance of famines and plagues may cast the first stone upon the materialism of the economists.

Government policies try to prevent the emergence of serious unemployment by credit expansion, i.e., inflation. The outcome was rising prices, renewed demands for higher wages and reiterated credit expansion; in short, protracted inflation.