Where there is no market economy, the best intentioned provisions of constitutions and laws remain a dead letter.

In capitalist enterprise there is no secure income and no security of wealth.

Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?

A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.

The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment.

The whole of mankind's progress has had to be achieved against the resistance and opposition of the state and its power of coercion.

A country becomes more prosperous in proportion to the rise in the invested capital unit per unit of its population.