A famous, very often quoted phrase says: "That government is best, which governs least." I do not believe this to be a correct description of of the functions of a good government. Government ought to do all the things for which it is needed and for which it is established. Government ought to protect the individuals within the country against the violent and fraudulent attacks of gangsters, and it should defend the country against foreign enemies. These are the functions of government within a free system, within the system of the market economy.

The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent on the will of the people as consumers. Thus, whenever there is a conflict between the consumers' views and those of the business managers, market pressures assure that the views of the consumers win out eventually.

Western civilization is based upon the libertarian principle, and all its achievements are the results of the action of free men.

The market economy-capitalism-is a social system of consumers' supremacy.

The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply.

Inflation is the true opium of the people and it is administered to them by anticapitalist governments and parties.

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