All almsgiving inevitably tends to pauperize the recipient.

The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.

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

We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of factors of production. Such absolutely perfect solutions of any problem are out of reach of mortal men. What the operation of a market not sabotaged by the interference of compulsion and coercion can bring about is merely the best solution accessible to the human mind under the given state of technological knowledge and the intellectual abilities of the age's shrewdest men.

Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.

The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts on his own behalf; but everybodys actions aim at the satisfaction of other peoples needs as well as at the satisfaction of his own. Everybody in acting serves his fellow citizens.

Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.