“Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.”

Economics is not about things and tangible material objects; it is about men, their meanings and actions.

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

Liberty is always freedom from the government.

The fundamental law of the market is: the customer is always right.

The entrepreneurs, the capitalists and the technologists prosper as far as they succeed in best supplying the consumers.

Economic progress is the work of the savers, who accumulate capital, and of the entrepreneurs, who turn capital to new uses.

The market is a democracy in which every penny gives a right to vote.

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.

The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.

The Welfare State is merely a method for transforming the market economy step by step into socialism.

The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.

The worst evils which mankind has ever had to endure were inflicted by bad governments.

The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.

Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.

What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.

The truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.

Murphys law of economic policy’: Economists have the least influence on policy where they know the most and are most agreed.

In large part this is because of the success of policies followed by the United States to create an environment, a peaceful period in history in which economies could grow and countries could benefit.

We must recognize that this massive economic bloc that’s emerging in North America cannot be accomplished unilaterally. It must be accomplished in partnership with Mexico and Canada.

Everywhere in the world there are tensions – economic, political, religious. So we need chocolate.

The author brings to the table a healthy skepticism of the conventional wisdom, an admirable ability to separate fact from fancy, and an undisguised repugnance for the mumbo-jumbo that’s the curse of so much commentary on anything to do with economics or investment.

We’ve got to establish a socialistic economic structure that will limit private, profit-oriented businesses.

It was better walk with dignity than ride in shame. A lot of people in Cincinnati are saying, “Rather than have the continual problems of police brutality and economic disparity,

Economists who speak the English tongue are strangely intimidated by mathematical symbols.