Nobody ever recommended a dictatorship aiming at ends other than those he himself approved. He who advocates dictatorship always advocates the unrestricted rule of his own will

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

Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.

Is still fulfilling its social function in supplying the consumers with more, better and cheaper goods.

The struggle for freedom is not the struggle of the many against the few, but of minorities, sometimes of a minority of but one man gainst the majority.

An intellectual inferiority of the masses would manifest itself most evidently in their aiming at the abolition of the system in which they themselves are supreme and are served by the elite of the most talented men.

The final outcome of the credit expansion is general impoverishment.