There is no reason why capitalists and entrepreneurs should be ashamed of earning profits.

Nobody can be at the same time a correct bureaucrat and an innovator

What those people who ask for equality have in mind is always an increase in their own power to consume.

Perhaps there are somewhere in the infinite universe beings whose minds outrank our minds to the same extent as our minds surpass those of the insects. Perhaps there will once somewhere live beings who will look upon us with the same condescension as we look upon amoebae.

It is merely a metaphor to call competition competitive war, or simply, war. The function of battle is destruction; of competition, construction.

A nation, therefore, has no right to say to a province: You belong to me, I want to take you. A province consists of its inhabitants. If anybody has a right to be heard in this case it is these inhabitants. Boundary disputes should be settled by plebiscite.

Depression is the aftermath of credit expansion.