“The flowering of human society depends on two factors: the intellectual power of outstanding men to conceive sound social and economic theories, and the ability of these or other men to make these ideologies palatable to the majority.”

Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things.

Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.

There is no means by which anyone can evade his personal responsibility.

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.

One cannot find a healthy economy anywhere in the world that does not have a strong industrial base, period.

I know that communism never worked and I would have disliked living under it myself but none the less it seems that there was a kind of sadness in the thought that the only economic system that appeared to work was one based on self interest and greed.

We must see what is achievable in our circumstances and evaluate all decisions. In terms of regional economic integration, sentimentality is not enough.

Individualism and Economic Order and many other works, which is, to put it briefly, the whole of laisser-faire economic theory, then plainly man as such a programmed predator has very little interest in being fraternal, or very little chance.

Now I don’t know what your college experience was like, but I’ll tell ya, on Saturday morning at 8 o’clock, the last thing I wanted to do was go to economics class.

Africa does not have an uncle abroad who will come to bail it out of its political and economic woes.

I quickly convinced myself that the true key to material happiness lay in a modest standard of living which could be achieved with little difficulty under almost all economic conditions.

We need to be doing lots of other things with the resources that we have. So economic power works just as well as military power, perhaps even better. And speaking of that, our Military needs to be upgraded.