All those evils which the [liberals] interpret as evidence of the failure of capitalism, are the necessary outcome of interference with the market.

Sovereignty must not be used for inflicting harm on anyone, whether citizen or foreigner.

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.

It is not the fault of the entrepreneurs that the consumers,the people, the common man,prefer liquor to Bibles and detective stories to serious books, and that governments prefer guns to butter. The entrepreneur does not make greater profits in selling bad things than in selling good things. His profits are the greater the better he succeeds in providing the consumers with those things they ask for most intensely.

In the bureaucratic machine of socialism the way toward promotion is not achievement but the favor of the superiors.

Economics is not about things and tangible material objects; it is about men, their meanings and actions.

The Welfare State is merely a method for transforming the market economy step by step into socialism.