Rulers do not like to admit that their power is restricted by any laws other than those of physics and biology. They never ascribe their failures and frustrations to the violation of economic law.

What is lacking to the underdeveloped nations is not knowledge, but capital.

The living is not perfect because it is liable to change; the dead is not perfect because it does not live.

Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy.

You call it a 'loophole' when the government still allows you some freedom.

The Santa Claus principle liquidates itself.

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.