The fact is that, under a capitalistic system, the ultimate bosses are the consumers. The sovereign is not the state, it is the people.

The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.

Changes in human conditions are brought about by the pioneering of the cleverest and most energetic men. They take the lead and the rest of mankind follows them little by little.

The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.

You call it a 'loophole' when the government still allows you some freedom.

No one can escape the influence of a prevailing ideology.

It is indeed one of the principal drawbacks of every kind of interventionism that it is so difficult to reverse the process.