In capitalist enterprise there is no secure income and no security of wealth.

What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.

Innovation is the whim of an elite before it becomes a need of the public.

No very deep knowledge of economics is usually needed for grasping the immediate effects of a measure; but the task of economics is to foretell the remoter effects, and so to allow us to avoid such acts as attempt to remedy a present ill by sowing the seeds of a much greater ill for the future.

Government is an apparatus of compulsion and coercion.

True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.

Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.