In life everything is continually in flux.

Socialism is the renunciation of rational economy.

The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers.

What counts alone is the innovator, the dissenter, the harbinger of things unheard of, the man who rejects the traditional standards and aims at substituting new values and ideas for old ones.

The system that would stand midway between capitalism and socialism.

No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.

Socialism and interventionism. Both have in common the goal of subordinating the individual unconditionally to the state.