Economics is not about things and tangible material objects; it is about men, their meanings and actions.

Without speculation there can be no economic activity reaching beyond the immediate present.

The system that would stand midway between capitalism and socialism.

The word "Capitalism" expresses, for our age, the sum of all evil. Even the opponents of Socialism are dominated by socialist ideas.

The policies advocated by the welfare school remove the incentive to saving on the part of private citizens.

The philosophy of protectionism is a philosophy of war.

Perhaps there are somewhere in the infinite universe beings whose minds outrank our minds to the same extent as our minds surpass those of the insects. Perhaps there will once somewhere live beings who will look upon us with the same condescension as we look upon amoebae.