It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.

There is no kind of freedom and liberty other than the kind which the market economy brings about.

There were nowhere more docile disciples of Lenin, Trotsky and Stalin than the Nazis were.

He who disdains the fall in infant mortality and the gradual disappearance of famines and plagues may cast the first stone upon the materialism of the economists.

The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.

Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.

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