Only the naive inflationist's could believe that government could enrich mankind through fiat money.

The meaning of economic freedom is this: that the individual is in a position to choose the way in which he wants to integrate himself into the totality of society.

There is no other planning for freedom and general welfare than to let the market system work.

The aim of all struggles for liberty is to keep in bounds the armed defenders of peace, the governors and their constables. The political concept of the individual's freedom means: freedom from arbitrary action on the part of the police power.

Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.

In public administration there is no connection between revenue and expenditure.

Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.