What governments call international monetary cooperation is concerted action for the sake of credit expansion.

The riches of successful entrepreneurs is not the cause of anybody's poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur's efforts.

All almsgiving inevitably tends to pauperize the recipient.

The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

Suggestion of the Communist Manifesto was 'abolition of all right of inheritance.' Looking backward upon the past history of estate taxes, we have to realize that they more and more have approached the goal set by Marx. Estate taxes of the height they have already attained for the upper brackets are no longer to be qualified as taxes. They are measures of expropriation.

The meaning of economic freedom is this: that the individual is in a position to choose the way in which he wants to integrate himself into the totality of society.

The worst evils which mankind has ever had to endure were inflicted by bad governments.