All people, entrepreneurs as well as non-entrepreneurs, look askance upon any profits earned by other people. Envy is a common weakness of men. People are loath to acknowledge the fact that they themselves could have earned profits if they had displayed the same foresight and judgment the successful businessman did.

There can be no freedom in art and literature where the government determines who shall create them.

The state can be and has often been in the course of history the main source of mischief and disaster.

Socialism is the renunciation of rational economy.

Some think that they will exercise power for the general good, but that is what all those with power have believed. Power is evil in itself, regardless of who exercises it.

Only one thing can conquer war-that attitude of mind which can see nothing in war but destruction and annihilation.

When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the entrepreneurs and capitalists, can only be acquired by means of the consumers ballot, held daily in the marketplace.