Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

At eighty-eight how do you feel when getting up in the morning?...Amazed!

The early industrialists were for the most part men who had their origin in the same social strata from which their workers came. They lived very modestly, spent only a fraction of their earnings for their households and put the rest back into the business.

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

If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government.

The idea that political freedom can be preserved in the absence of economic freedom, and vice versa, is an illusion. Political freedom is the corollary of economic freedom.

In the bureaucratic machine of socialism the way toward promotion is not achievement but the favor of the superiors.