The "progressives" who today masquerade as "liberals" may rant against "fascism"; yet it is their policy that paves the way for Hitlerism. Nothing could have been more helpful to the success of the National-Socialist (Nazi) movement than the methods used by the "progressives," denouncing Nazism as a party serving the interests of "capital." The German workers knew this tactic too well to be deceived by it again.

What is lacking to the underdeveloped nations is not knowledge, but capital.

Capital is not a free gift of God or of nature. It is the outcome of a provident restriction of consumption on the part of man. It is created and increased by saving and maintained by the abstention from dissaving.

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages derived from peaceful cooperation and division of labor are universal.

If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.

A genius is always a teacher, never a pupil; he is always self-made.