Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small élite.

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

The most serious dangers for American freedom and the American way of life do not come from without.

Lenin's ideal was to build a nation's production effort according to the model of the post office.

The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.

It is the rule of law alone which hinders the rulers from turning themselves into the worst gangsters.

Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small élite.