If the only motive was to help people who could not afford education, advocates of government involvement would have simply proposed tuition subsidies.

A society based on the freedom to choose is better than a society based on the principles of socialism, communism and coercion.

Political leaders in capitalist countries who cheer the collapse of socialism in other countries continue to favor socialist solutions in their own. They know the words, but they have not learned the tune.

There is no place for government to prohibit consumers from buying products the effect of which will be to harm themselves.

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.

The power to do good is also the power to do harm.

I am myself persuaded, on the basis of extensive study of the historical evidence, that... the severity of each of the contractions - 1920-21, 1929-33, and 1937-38 - is directly attributable to acts of commission and omission by the Reserve authorities and would not have occurred under earlier monetary and banking arrangements.