Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.

The issue is always the same: the government or the market. There is no third solution.

Those who satisfy the wants of a smaller number of people only collect fewer votes-dollars-than those who satisfy the wants of more people.

There were nowhere more docile disciples of Lenin, Trotsky and Stalin than the Nazis were.

The distinctive principle of Western social philosophy is individualism.

Liberty is meaningless if it is only the liberty to agree with those in power.

An entrepreneur cannot be trained. A man becomes and entrepreneur by seizing an opportunity and filling the gap. No special education is required for such a display of keen judgment, foresight, and energy.