The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.

Every extension of the functions and power of the State beyond its primary duty of maintaining peace and justice should be scrutinized with jealous vigilance.

The democracy of the market consists in the fact that people themselves make their choices and that no dictator has the power to force them to submit to his value judgments.

The tow pillars of democratic government are the primacy of the law and the budget.

You call it a 'loophole' when the government still allows you some freedom.

No architect is held responsible for the behavior of those who inhabit the structure he designed.

What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation.