A higher standard of living also brings about a higher standard of culture and civilization.

The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.

To defeat the aggressors is not enough to make peace durable. The main thing is to discard the ideology that generates war.

Man is not, like the animals, an obsequious puppet of instincts and sensual impulses. Man has the power to suppress instinctive desires, he has a will of his own, he chooses between incompatible ends.

If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.

Public opinion takes no offense at the endeavors of farmers, workers, clerks, teachers, doctors, ministers, and people from many other callings to earn as much as they can. But it censures the capitalists and entrepreneurs for their greed.

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