Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away

Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment. Neither is value in words and doctrines, it is reflected in human conduct. It is not what a man or groups of men say about value that counts, but how they act.

The attainment of the economic aims of man presupposes peace.

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

This is the difference between slavery and freedom. The slave must do what his superior orders him to do, but the free citizen-and this is what freedom means-is in a position to choose his own way of life.

Some experts have declared that it is necessary to tax the people until it hurts. I disagree with these sadists.

The fundamental law of the market is: the customer is always right.