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

Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.

The government and its chiefs do not have the powers of the mythical Santa Claus. They cannot spend except by taking out of the pockets of some people for the benefit of others.

The policies advocated by the welfare school remove the incentive to saving on the part of private citizens.

If the government objects to monopoly prices for new inventions, it should stop granting patents.

Every innovation makes its appearance as a 'luxury' of the few well-to-do. After industry has become aware of it, the luxury then becomes a 'necessity' for all.

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