While under precapitalistic conditions superior men were the masters on whom the masses of the inferior had to attend, under capitalism the more gifted and more able have no means to profit from their superiority other than to serve to the best of their abilities the wishes of the majority of the less gifted.

Liberty is always freedom from the government.

Socialism and interventionism. Both have in common the goal of subordinating the individual unconditionally to the state.

The aim of the popularization of economic studies is not to make every man an economist. The idea is to equip the citizen for his civic functions in community life.

The riches of the rich are not the cause of the poverty of anybody; the process that makes some people rich is, on the contrary, the corollary of the process that improves many peoples want satisfaction. The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.

Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.

Socialism is the renunciation of rational economy.