Reason is the main resource of man in his struggle for survival.

If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely.

If the government objects to monopoly prices for new inventions, it should stop granting patents.

[T]he essence of so-called war prosperity: it enriches some by what it takes from others. It is not rising wealth but a shifting of wealth and income.

No architect is held responsible for the behavior of those who inhabit the structure he designed.

The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are not the outcome of the operation of the free market. They are on the contrary the result of well-intentioned but ill-advised government interference with the market.

[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics