Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment. Neither is value in words and doctrines, it is reflected in human conduct. It is not what a man or groups of men say about value that counts, but how they act.

A wealthy man can preserve his wealth only by continuing to serve the consumers in the most efficient way.

Freedom and liberty always mean freedom from police interference.

If the government objects to monopoly prices for new inventions, it should stop granting patents.

Nothing, however, is as ill founded as the assertion of the alleged equality of all members of the human race.

Continued inflation inevitably leads to catastrophe.

All almsgiving inevitably tends to pauperize the recipient.