Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates.

Plato and Hitler were both the same kind of consistent socialists who planned also for the production of future socialists, the breeding and education of future members of society.

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

Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.

The characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a continuous trend toward an improvement in the general standard of living.

The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.

The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: 'If you seek his monument, look around.'