Two hundred years ago, before the advent of capitalism, a man's social status was fixed from the beginning to the end of his life; he inherited it from his ancestors and it never changed.

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

The whole of mankind's progress has had to be achieved against the resistance and opposition of the state and its power of coercion.

Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full government control of every sphere of the individuals life and the unrestricted supremacy of the government in its capacity as central board of production management.

The foundation of any and every civilization, including our own, is private ownership of the means of production. Whoever wishes to criticize modern civilization, therefore, begins with private property.

Those who disagree with the dictator's plan have no other means to carry on than to defeat the despot by force of arms.

The final outcome of the credit expansion is general impoverishment.