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.

A citizen who casts his ballot without having to the best of his abilities studied as much economics as he can fails in his civic duties.

For it is an essential difference between capitalist and socialist production that under capitalism men provide for themselves, while under Socialism they are provided for.

Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand left to unknown men who will be the entrepreneurs of tomorrow.

Thus, the isolated interference with one or a few prices of consumer goods always bring about effects-and this is important to realize-which are even less satisfactory than the conditions that prevailed before.

In capitalist enterprise there is no secure income and no security of wealth.

People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests.