All the talk about the so-called unspeakable horror of early capitalism can be refuted by a single statistic: precisely in these years in which British capitalism developed, precisely in the age called the Industrial Revolution in England, in the years from 1760 to 1830, precisely in those years the population of England doubled.

Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.

The first thing a genius needs is to breath free air.

Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy.

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.

Despots and democratic majorities are drunk with power.

The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.