Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.

The most serious dangers for American freedom and the American way of life do not come from without.

Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace.

Is still fulfilling its social function in supplying the consumers with more, better and cheaper goods.

The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.

Government means always coercion and compulsion and is by necessity the opposite of liberty. Government is a guarantor of liberty and is compatible with liberty only if its range is adequately restricted to the preservation of economic freedom. Where there is no market economy, the best-intentioned provisions of constitutions and laws remain a dead letter.

A short time ago the demagogues blamed capitalism for the poverty of the masses. Today they rather blame capitalism for the "affluence" that it bestows upon the common man.