Freedom really means the freedom to make mistakes.

Progress is precisely that which rules and regulations did not foresee.

The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters.

Unemployment doles can have no other effect than the perpetuation of unemployment.

The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment.

Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?

The better an entrepreneur succeeds, the more is he vilified and themore is he soaked by taxation.