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.

The masses do not like those who surpass them in any regard. The average man envies and hates those who are different.

What those people who ask for equality have in mind is always an increase in their own power to consume.

The only source of the generation of additional capital goods is saving. If all the goods produced are consumed, no new capital comes into being.

Do not give in to evil, but proceed ever more boldly against it.

The market steers the capitalistic economy. It directs each individual's activities into those channels in which he best serves the wants of his fellow-men. The market alone puts the whole social system of private ownership of the means of production and free enterprise in order and provides it with sense and meaning.

Depression is the aftermath of credit expansion.