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

The goal of liberalism is the peaceful cooperation of all men. It aims at peace among nations too. When there is private ownership of the means of production everywhere and when laws, the tribunals and the administration treat foreigners and citizens on equal terms, it is of little importance where a country's frontiers are drawn... War no longer pays; there is no motive for aggression... All nations can coexist peacefully.

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

The average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him.

Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.

The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply.

Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of what is called economic freedom.