“Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.”

In a battle between force and an idea, the latter always prevails.

All they did was to call their adversaries names and cast suspicion upon their motives. And, unfortunately, the average citizen cannot see through these stratagems.

Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.

Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.

Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.

All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.

Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.

It is important to remember that government interference always means either violent action or the threat of such action.

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

Depression is the aftermath of credit expansion.

Freedom really means the freedom to make mistakes.

None can stand aside with unconcern; the interest of everyone hangs on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.

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

Under capitalism everybody provides for their own needs by serving others.

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.