The state can be and has often been in the course of history the main source of mischief and disaster.
Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man.
Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away.
The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs.
It has always been the task of the new generation to provoke changes.
No people and no part of a people shall be held against its will in a political association that it does not want.
The first thing a genius needs is to breath free air.
Continued adherence to a policy of compulsory education is utterly incompatible with efforts to establish lasting peace.
The sharper the competition, the better it serves its social function to improve economic production.
There is no other planning for freedom and general welfare than to let the market system work.
You call it a ‘loophole’ when the government still allows you some freedom.
The better an entrepreneur succeeds, the more is he vilified and themore is he soaked by taxation.
The mark of the creative mind is that it defies a part of what it has learned.
Facts per se can neither prove nor refute anything. Everything is decided by the interpretation and explanation of the facts, by the ideas and the theories.
Rulers do not like to admit that their power is restricted by any laws other than those of physics and biology. They never ascribe their failures and frustrations to the violation of economic law.
A new type of superstition has got hold of people’s minds, the worship of the state.
It is impossible to describe any human action if one does not refer to the meaning the actor sees in the stimulus as well as in the end his response is aiming at.
The market is a democracy in which every penny gives a right to vote.
Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment. Neither is value in words and doctrines, it is reflected in human conduct. It is not what a man or groups of men say about value that counts, but how they act.
The unpopularity of economics is the result of its analysis of the effects of privileges. It is impossible to invalidate the economists demonstration that all privileges hurt the interests of the rest of the nation or at least a great part of it.