“What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are.”

Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other.

Many who are self-taught far excel the doctors, masters, and bachelors of the most renowned universities.

The most serious dangers for American freedom and the American way of life do not come from without.

If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty.

The state can be and has often been in the course of history the main source of mischief and disaster.

Socialism is not in the least what it pretends to be. It is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build, it destroys.

The interventionists do not approach the study of economic matters with scientific disinterestedness. Most of them are driven by an envious resentment against those whose incomes are larger than their own. This bias makes it impossible for them to see things as they really are.

Historical knowledge is indispensable for those who want to build a better world

The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters.

Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.

The issue is always the same: the government or the market. There is no third solution.

He who is unfit to serve his fellow citizens wants to rule them.

There is no means of avoiding the final collapse of a boom brought about by credit expansion.

The alcoholic and the drug addict harm only themselves by their behavior; the person who violates the rules of morality governing mans life in society harms not only himself, but everyone.

The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.

The characteristic feature of a free society is that it can function in spite of the fact that its members disagree in many judgments of value.

People are so ridiculous with their illusions, carrying their fool’s caps unawares, thinking their own lies opaque while everybody else’s are transparent, making themselves exceptions to everything, as if when all the world looked yellow under a lamp they alone are rosy.

I have never had illusions about the value of my individual contribution! I realized early that what a man or a woman does is built on what those who have gone before have done, that its real value depends on making the matter in hand a little clearer.

Many Sages have said, “Your world is a dream. You’re living in an illusion.” They’re referring to this world of the mind and the way we believe our thoughts about reality.