Western civilization is based upon the libertarian principle, and all its achievements are the results of the action of free men.

The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.

The whole of mankind's progress has had to be achieved against the resistance and opposition of the state and its power of coercion.

The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.

The characteristic mark of this age of dictators, wars and revolutions is its anticapitalistic bias. Most governments and political parties were eager to restrict the sphere of private initiative and free enterprise.

The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.

Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.