The Santa Claus principle liquidates itself.

Two hundred years ago, before the advent of capitalism, a man's social status was fixed from the beginning to the end of his life; he inherited it from his ancestors and it never changed.

Human action is purposeful behavior.

There is no reason why capitalists and entrepreneurs should be ashamed of earning profits.

Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.

Progress is precisely that which rules and regulations did not foresee.

Perhaps there are somewhere in the infinite universe beings whose minds outrank our minds to the same extent as our minds surpass those of the insects. Perhaps there will once somewhere live beings who will look upon us with the same condescension as we look upon amoebae.

In many fields of the administration of interventionist measures, favoritism simply cannot be avoided.

Every step which leads from capitalism toward planning is necessarily a step nearer to absolutism and dictatorship.

The better an entrepreneur succeeds, the more is he vilified and themore is he soaked by taxation.

Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.

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

The situation of having to belong to a state to which one does not wish is no less onerous if it is the result of an election than if one must endure it as the consequence of a military conquest.

He who serves the public best, makes the highest profits.

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

It is always the individual who thinks. Society does not think any more than it eats or drinks. The evolution of human reasoning from the naive thinking of primitive man to the more subtle thinking of modern science took place within society. However, thinking itself is always an achievement of individuals.

The riches of successful entrepreneurs is not the cause of anybody's poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur's efforts.

The school is a political prize of the highest importance. It cannot be deprived of its political character as long as it remains a public and compulsory institution.

Political ideas that have dominated the public mind for decades cannot be refuted through rational arguments. They must run their course in life and cannot collapse otherwise than in great catastrophe.

Aggressors cannot wage total war without introducing Socialism.