All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.

In relation to the immense sacrifices that the state demands of the individual through the blood tax, it seems rather incidental whether it compensates the soldier more or less abundantly for the loss of time that he suffers from his military-service obligation.

If history could prove and teach us anything, it would be the private ownership of the means of production as a necessary requisite of civilization and material well-being. All civilizations have up to now been based on private property. Only nations committed to the principle of private property have risen above penury and produced science, art, and literature. There is no experience to show that any other social system could provide mankind with any of the achievements of civilization.

There is no western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way.

The final outcome of the credit expansion is general impoverishment.

Each epoch has found in the Gospels what it sought to find there, and has overlooked what it wished to overlook.

Democracy is not a good that people can enjoy without trouble. It is, on the contrary, a treasure that must be daily defended and conquered anew by strenuous effort.