Economically considered, war and revolution are always bad business.

Unemployment doles can have no other effect than the perpetuation of unemployment.

Every socialist is a disguised dictator.

Human action is purposeful behavior.

The market system is the basis of our civilization. Its only alternative is the Führer principle.

The idea of Socialism is at once grandiose and simple. . .We may say, in fact, that it is one of the most ambitious creations of the human spirit, . . .so magnificent, so daring, that it has rightly aroused the greatest admiration. If we wish to save the world from barbarism we have to refute Socialism, but we cannot thrust it carelessly aside.

The superiority of the gold standard consists in the fact that the value of gold develops independent of political actions.