“As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake.”

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.

The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest.

The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.

Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen.

A higher standard of living also brings about a higher standard of culture and civilization.

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.

We need to move beyond the demonisation of overpaid traders

Including the value of natural resources and our social capital in national accounting is a vital step to achieve economic growth that is equitable and sustainable.

There is now more economic comment in the supposedly serious literature than survives from the whole of the thousand years commonly denominated as the Middle Ages …

No matter what’s happening in the Middle East – the Arab Spring, et cetera, the economic challenges, high rates of unemployment – the emotional, critical issue is always the Israeli-Palestinian one.

By this means she will demonstrate capability and ensure recognition of equality in the social and economic equation.

And no matter what’s happening in the Middle East – the Arab Spring, et cetera, the economic challenges, high rates of unemployment – the emotional, critical issue is always the Israeli-Palestinian one.

The environmentalist’s dream is an egalitarian society based on: rejection of economic growth, a smaller population, eating lower on the food chain, consuming a lot less, and sharing a much lower level of resources much more equally.

I am an economic person; I judge the amount of work involved with the amount of worth attained.