A real gold standard is thoroughly consistent with [classical] liberal principles and I, for one, am entirely in favor of measures promoting its development.

The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.

The argument for collectivism is simple; free market is not.

Inflation is taxation without legislation.

I am a limited-government libertarian.

In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment.

The Great Depression in the United States, far from being a sign of the inherent instability of the private enterprise system, is a testament to how much harm can be done by mistakes on the part of a few men when they wield vast power over the monetary system of the country.