Continued inflation inevitably leads to catastrophe.

History can tell us what happened in the past. But it cannot assert that it must happen again in the future.

Some think that they will exercise power for the general good, but that is what all those with power have believed. Power is evil in itself, regardless of who exercises it.

No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.

There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population. The greater the amount of capital invested per head of the worker, the more and better goods can be produced and consumed. This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.

The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace.