The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.

Those politicians, professors and union bosses who curse big business are fighting for a lower standard of living.

The policies advocated by the welfare school remove the incentive to saving on the part of private citizens.

Nobody ever recommended a dictatorship aiming at ends other than those he himself approved. He who advocates dictatorship always advocates the unrestricted rule of his own will

The uncouth hordes of common men are not fit to recognize duly the merits of those who eclipse their own wretchedness.

The masses do not like those who surpass them in any regard. The average man envies and hates those who are different.

As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug.