Without speculation there can be no economic activity reaching beyond the immediate present.

The distinctive principle of Western social philosophy is individualism.

What makes small business develop into big business is not spending, but saving and capital accumulation.

To the grumbler who complains about the unfairness of the market system only one piece of advice can be given: If you want to acquire wealth, then try to satisfy the public by offering them something that is cheaper or which they like better....Equality under the law gives you the power to challenge every millionaire.

Economic control is not merely control of a sector of human life that can be separated from the rest; it is the control of the means for all our ends.

Government is an apparatus of compulsion and coercion.

If the present tax rates had been in effect from the beginning of our century, many who are millionaires today would live under more modest circumstances. But all those new branches of industry which supply the masses with articles unheard of before, would operate, if at all, on a much smaller scale, and their products would be beyond the reach of the common man.