“The criterion of truth is that it works even if nobody is prepared to acknowledge it.”

If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action.

Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.

The truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.

They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression.

The real bosses, in the capitalist system of market economy, are the consumers.

[E]conomic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics

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.