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

No increase in the welfare of the member of society can result from the availability of an additional quantity of money.

Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.

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.

In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord. He is simply the buyer of services which he must purchase at their market price.

Democracy is not a good that people can enjoy without trouble. It is, on the contrary, a treasure that must be daily defended and conquered anew by strenuous effort.

This is the difference between slavery and freedom. The slave must do what his superior orders him to do, but the free citizen-and this is what freedom means-is in a position to choose his own way of life.