The problem in this world is to avoid concentration of power - we must have a dispersion of power.

What you have as a result of past policies is that German entrepreneurs go outside of Germany for many of their activities. They are investing abroad instead of at home because there isn't the openness, fluidity and opportunity they find outside their borders.

I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money played a very major role in producing the Great Depression.

Freedom is a rare and delicate plant. Our minds tell us, and history confirms, that the great threat to freedom is the concentration of power.

The way you solve things is by making it politically profitable for the wrong people to do the right thing.

The euro is going to be a big source of problems, not a source of help.

Humility is the distinguishing virtue of the believer in freedom; arrogance, of the paternalist.