No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.

Daily experience proves clearly to everybody but the most bigoted fanatics of socialism that governmental management is inefficient and wasteful.

What is lacking to the underdeveloped nations is not knowledge, but capital.

Aggressors cannot wage total war without introducing Socialism.

The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they are supreme. But they are not. They are bound to obey unconditionally the captain's orders.

The truth is that the government cannot give if it does not take from somebody...It is not in the power of the government to make everybody more prosperous.

What makes small business develop into big business is not spending, but saving and capital accumulation.