Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.

Business is a means- the only means- to increase the quantity of goods available for preserving life and rendering it more agreeable.

Nobody can be at the same time a correct bureaucrat and an innovator

It cannot be denied that Fascism and similar movements aiming at the establishment of dictatorships are full of the best intentions and that their intervention has, for the moment, saved European civilization. The merit that Fascism has thereby won for itself will live on eternally in history.

The worst evils which mankind has ever had to endure were inflicted by bad governments.

Capital does not 'beget profit' as Marx thought. The capital goods as such are dead things that in themselves do not accomplish anything. If they are utilized according to a good idea, profit results. If they are utilized according to a mistaken idea, no profit or losses result. It is the entrepreneurial decision that creates either profit or loss.

The market and its inescapable law are supreme.