The bureaucrat is not free to aim at improvement. He is bound to obey rules and regulations established by a superior body. He has no right to embark upon innovations if his superiors do not approve of them. His duty and his virtue is to be obedient.

Seen from the point of view of the particular group interests of the bureaucrats, every measure that makes the government's payroll swell is progress.

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

Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.

He who serves the public best, makes the highest profits.

The whole of mankind's progress has had to be achieved against the resistance and opposition of the state and its power of coercion.

Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.