“Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.”

For them the main thing is not to improve the conditions of the masses, but to harm the entrepreneurs and capitalists even if this policy victimizes the immense majority of the people.

The so-called liberals of today have the very popular idea that freedom of speech, of thought, of the press, freedom of religion, freedom from imprisonment without trial-that all these freedoms can be preserved in the absence of what is called economic freedom.

To the masses, the catchwords of Socialism sound so enticing… so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.

The gold standard makes the money’s purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.

A free press can only exist where there is private control over the means of production

The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.

In a battle between force and an idea, the latter always prevails.

All they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems.

Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.

Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.

Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.

All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.

Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.

It is important to remember that government interference always means either violent action or the threat of such action.

If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.

Depression is the aftermath of credit expansion.

Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.

Across the continent, political divisions are deepening. For all of these reasons, the specter of a euro zone collapse has not been dispatched.

In communal society, where there are virtually no class divisions, man’s productive activities on outlook and culture is less discernible. Account must be taken of the psychology of conflicting classes.

In this decisive hour of our national history, union means life and division means death.

The division of the spoils between the victors will also provide employment for a powerful office, whose doorsteps the greedy adventurers and jealous concession hunters of twenty or thirty nations will crowd and defile.

The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.

Social life comes from a double source, the likeness of consciences and the division of social labour.

Called an inquiry into the laws which determine the division of the produce.