In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold weather and rain.... the demand for goods is widely influenced by metaphysical, religious, and ethical considerations, by aesthetic value judgments, by customs, habits, prejudice, tradition, changing fashions, and many other things.

How pale is the art of sorcerers, witches, and conjurors when compared with that of the government's Treasury Department!

The mixing of politics and business not only is detrimental to politics, as is frequently observed, but even much more so to business.

The better an entrepreneur succeeds, the more is he vilified and themore is he soaked by taxation.

Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.

Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?

Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.