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.

It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted and as necessary.

The masses, in their capacity as consumers, ultimately determine everybody's revenues and wealth.

What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.

Liberalism must be intolerant of every sort of intolerance.

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

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.