“Government cannot make man richer, but it can make him poorer.”

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.

Liberty is meaningless if it is only the liberty to agree with those in power.

Every socialist is a disguised dictator.

All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out

The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.

State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. Prohibitions and regulations have by their general obstructive tendency fostered the growth of the spirit of wastefulness.

True, governments can reduce the rate of interest in the short run. They can issue additional paper money.

Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production.

It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom.

He who serves the public best, makes the highest profits.

Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.

The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.

The mark of the creative mind is that it defies a part of what it has learned.

For destruction is the essence of it. It produces nothing, it only consumes what the social order based on private ownership in the means of production has created.

As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.