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

It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom. The first requisite for a better social order is the return to unrestricted freedom of thought and speech.

It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.

The sharper the competition, the better it serves its social function to improve economic production.

Do not give in to evil, but proceed ever more boldly against it.

The unpopularity of economics is the result of its analysis of the effects of privileges. It is impossible to invalidate the economists demonstration that all privileges hurt the interests of the rest of the nation or at least a great part of it.

Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man.