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

Inflation is the fiscal complement of statism and arbitrary government. It is a cog in the complex of policies and institutions which gradually lead toward totalitarianism .

Under capitalism everybody is the architect of his own fortune.

They promise the blessings of the Garden of Eden, but they plan to transform the world into a gigantic post office. Every man but one a subordinate clerk in a bureau.

The worship of the state is the worship of force. There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.

Freedom really means the freedom to make mistakes.

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.

The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.

This is what capitalism, the much abused profit system, has brought about and brings about daily anew. Yet, most present-day governments and political parties are eager to destroy this system.

The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.

The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped.

There is but one means available to improve the material conditions of mankind: to accelerate the growth of capital accumulated as against the growth in population.

A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.

The riches of the rich are not the cause of the poverty of anybody; the process that makes some people rich is, on the contrary, the corollary of the process that improves many peoples want satisfaction.

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 tragedy of human history is decreasing happiness in the midst of increasing comforts.

As agitations quieten, sattva increases slowly.

The upward revision of import duty, from 1 per cent to over 4 per cent on steam coal imports, will adversely impact the industry, as it will lead to increase in cost of power generation.

Your workers don’t want to be paid less, so to maintain profits, you increase your prices. That’s inflation.

Ocean acidification – the excess carbon dioxide in the atmosphere that is turning the oceans increasingly acid.

When the supply increases, the prices soften. When prices fall, some mines with higher production costs will shut down as they become unviable.

Some experts look at global warming, increased world temperature, as the critical tipping point that is causing a crash in coral reef health around the world.

Take away the ice and snow, increase the temperature by even a little, and the realm that makes their lives possible literally melts away.