The market economy-capitalism-is a social system of consumers' supremacy.

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

In the long run the ideas of the majority, however detrimental they may be, will carry on. The future of mankind depends on the ability of the elite to influence public opinion in the right direction.

Where there is no market economy, the best intentioned provisions of constitutions and laws remain a dead letter.

American authors or scientists are prone to consider the wealthy businessman as a barbarian, as a man exclusively intent upon making money.

The wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being.

A famous, very often quoted phrase says: "That government is best, which governs least." I do not believe this to be a correct description of of the functions of a good government. Government ought to do all the things for which it is needed and for which it is established. Government ought to protect the individuals within the country against the violent and fraudulent attacks of gangsters, and it should defend the country against foreign enemies. These are the functions of government within a free system, within the system of the market economy.