Economically considered, war and revolution are always bad business.

The characteristic feature of modern capitalism is mass production of goods destined for consumption by the masses. The result is a tendency towards a continuous improvement in the average standard of living, a progressing enrichment of the many.

Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.

The only source of the generation of additional capital goods is saving. If all the goods produced are consumed, no new capital comes into being.

All present-day governments are fanatically committed to an easy money policy.

The better an entrepreneur succeeds, the more is he vilified and themore is he soaked by taxation.

Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.