Socialism and interventionism. Both have in common the goal of subordinating the individual unconditionally to the state.

The market economy as such does not respect political frontiers. Its field is the world.

The state is the only institution entitled to apply coercion and compulsion and to inflict harm upon individuals. This tremendous power cannot be abandoned to the discretion of some men, however competent and clever they may deem themselves. It is necessary to restrict its application. This is the task of the laws.

Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of what is called economic freedom.

If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace.

In a battle between force and an idea, the latter always prevails.

Most of us have no sympathy with the rich idler who spends his life in pleasure without ever doing any work. But even he fulfills a function in the life of the social organism. He sets an example of luxury that awakens in the multitude a consciousness of new needs and gives industry the incentive to fulfill them.