What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.
Whoever wishes peace among peoples must fight statism.
Depressions and mass unemployment are not caused by the free market but by government interference in the economy.
The real bosses, in the capitalist system of market economy, are the consumers.
Government cannot make man richer, but it can make him poorer.
Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods.
The issue is always the same: the government or the market. There is no third solution.
To the grumbler who complains about the unfairness of the market system only one piece of advice can be given: If you want to acquire wealth, then try to satisfy the public by offering them something that is cheaper or which they like better....Equality under the law gives you the power to challenge every millionaire.
The main propoganda trick of supporters of the allegedly "progressive" policy of government control is to blame capitalism for all that is unsatisfactory in present-day conditions and to extol the blessings of socialism. They have never attempted to prove their fallacious dogmas, 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. The liars must be afraid of the truth and are therefore driven to suppress its pronouncement.
All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.
The causes of all panics, crashes and depressions can be summed up in only four words: the misuse of credit.
The mark of the creative mind is that it defies a part of what it has learned.
If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
The market and its inescapable law are supreme.
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.
A new type of superstition has got hold of people's minds, the worship of the state. People demand the exercise of the methods of coercion and compulsion, of violence and threat. Woe to anybody who does not bend his knee to the fashionable idols!
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.
What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.
Under a socialist mode of production all personal incentives which selfishness provides under capitalism are removed, and a premium is put upon laziness and negligence. Whereas in a capitalist society selfishness incites everyone to the utmost diligence, in a socialist society it makes for inertia and laxity.
The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard.
Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.
The so-called liberals of today have the very popular idea that freedom of speech, of thought, of the press, freedom of religion, freedom from imprisonment without trial-that all these freedoms can be preserved in the absence of what is called economic freedom. They do not realize that, in a system where there is no market, where the government directs everything, all those other freedoms are illusory, even if they are made into laws and written up in constitutions.
The market is a democracy in which every penny gives a right to vote.
The fact is that, under a capitalistic system, the ultimate bosses are the consumers. The sovereign is not the state, it is the people.
My theories explain, but cannot slow the decline of a great civilization. I set out to be a reformer, but only became the historian of decline.
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