Continued inflation inevitably leads to catastrophe.

The member of a contractual society is free because he serves others only in serving himself. What restrains him is only the inevitable natural phenomenon of scarcity.

The greater productivity of work under the division of labor is a unifying influence. It leads men to regard each other as comrades in a joint struggle for welfare, rather than as competitors in a struggle for existence. It makes friends out of enemies, peace out of war, society out of individuals.

No architect is held responsible for the behavior of those who inhabit the structure he designed.

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

Without speculation there can be no economic activity reaching beyond the immediate present.

The essence of Keynesianism is its complete failure to conceive the role that saving and capital accumulation play in the improvement of economic conditions.