No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.

Every step by which an individual substitutes concerted action for isolated action results in an immediate and recognizable improvement in his conditions. The advantages derived from peaceful cooperation and division of labor are universal.

Interventionism cannot be considered as an economic system destined to stay. It is a method for the transformation of capitalism into socialism by a series of successive steps.

Capital is not a free gift of God or of nature. It is the outcome of a provident restriction of consumption on the part of man. It is created and increased by saving and maintained by the abstention from dissaving.

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

No people and no part of a people shall be held against its will in a political association that it does not want.

The history of mankind is the history of ideas.