In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord. He is simply the buyer of services which he must purchase at their market price.

Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace.

In public administration there is no connection between revenue and expenditure.

The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply.

As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug.

Sovereignty must not be used for inflicting harm on anyone, whether citizen or foreigner.

The most successful businessmen were often uneducated when measured by the scholastic standards of the teaching profession. But they were equal to their social function of adjusting production to the most urgent demand. Because of these merits the consumers chose them for business leadership.