The history of mankind is the history of ideas.

Our whole civilization rests on the fact that men have always succeeded in beating off the attack of the re-distributors.

The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.

The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they are supreme. But they are not. They are bound to obey unconditionally the captain's orders.

Do not give in to evil, but proceed ever more boldly against it.

Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis.

A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.