The State is, and always has been, the great single enemy of the human race, its liberty, happiness, and progress.

Money is the general medium of exchange. It is the thing for which all other goods are traded, the means of final payment for such goods on the market.

No one may threaten or commit violence ('aggress') against another man's person or property. Violence may be employed only against the man who commits such violence; that is, only defensively against the aggressive violence of another. In short, no violence may be employed against a non-aggressor. Here is the fundamental rule from which can be deduced the entire corpus of libertarian theory.

Capitalism is the fullest expression of anarchism and anarchism is the fullest expression of capitalism.

We must, therefore, emphasize that 'we' are not the government; the government is not 'us.' The government does not in any accurate sense 'represent' the majority of the people. But, even if it did, even if 70 percent of the people decided to murder the remaining 30 percent, this would still be murder and would not be voluntary suicide on the part of the slaughtered minority. No organicist metaphor, no irrelevant bromide that 'we are all part of one another,' must be permitted to obscure this basic fact.

Liberty and morality had to win their way slowly over many centuries, until finally expanding liberty made possible the great technological advance of the Industrial Revolution and the flowering of modern capitalism.

The more consistently Austrian School an economist is, the better a writer he will be.