Socialism has been a great tragedy this century.

As the histories of ancient and modern democracies illustrate, the pressure of political movement in times of war, civil commotion, or general anxiety pushes in the direction of authority, not away from it.

Capitalism is the only society in human history in which neither tradition nor conscious direction supervises the total effort of the community; it is the only society in which the future, the needs for tomorrow, are entirely left to an automatic system.

Economists can be called the worldly philosophers for they sought to embrace in a scheme of philosophy the most worldly of man's activities-his drive for wealth.

Mathematics has given economics rigor, but alas, also mortis.

One accumulates or one gets accumulated.

The cure for capitalism's failing would require that a government would have to rise above the interests of one class alone.