Every step toward the elimination of profit is progress on the way toward social disintegration.

The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.

Freedom and liberty always mean freedom from police interference.

Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.

The mark of the creative mind is that it defies a part of what it has learned.

It is completely in accord with the etatist thinking prevalent everywhere today to consider a theory to be finally disposed of merely because the authorities who control appointments to academic positions, want to know nothing of it, and to see the criterion of truth in the approval of a government office.

A lasting order cannot be established by bayonets.