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

A wealthy man can preserve his wealth only by continuing to serve the consumers in the most efficient way.

What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market economy.

War prosperity is like the prosperity that an earthquake or a plague brings.

Perhaps there are somewhere in the infinite universe beings whose minds outrank our minds to the same extent as our minds surpass those of the insects. Perhaps there will once somewhere live beings who will look upon us with the same condescension as we look upon amoebae.

The capitalist system was termed "capitalism" not by a friend of the system, but by an individual who considered it to be the worst of all historical systems, the greatest evil that had ever befallen mankind. That man was Karl Marx.

Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.