Human action is purposeful behavior.

Every socialist is a disguised dictator.

Socialism is an alternative to capitalism as potassium cyanide is an alternative to water.

Anticapitalism can maintain itself in existence only by sponging on capitalism.

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.

In a capitalist society one can hold on to one’s fortune only if one perpetually acquires it anew by investing it wisely.

If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers.

The elimination of profit, whatever methods may be resorted to for its execution, must transform society into a senseless jumble.

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

Romanticism is man's revolt against reason, as well as against the condition under which nature has compelled him to live.

Every type of socialism is unworkable because economic calculation is impossible in a socialist community.

It is labor alone that is productive: it creates wealth and therewith lays the outward foundations for the inward flowering of man.

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

The issue is always the same: the government or the market. There is no third solution.

The struggle for freedom is ultimately not resistance to autocrats or oligarchs but resistance to the despotism of public opinion.

War prosperity is like the prosperity that an earthquake or a plague brings.

Freedom is indivisible. As soon as one starts to restrict it, one enters upon a decline on which it is difficult to stop.

Against what is stupid, nonsensical, erroneous, and evil, [classical] liberalism fights with the weapons of the mind, and not with brute force and repression.

The market system is the basis of our civilization. Its only alternative is the F�hrer principle.

A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society.

The average man is both better informed and less corruptible in the decisions he makes as a consumer than as a voter at political elections.

Repression by brute force is always a confession of the inability to make use of the better weapons of the intellect—better because they alone give promise of final success.

Nobody ever recommended a dictatorship aiming at ends other than those he himself approved. He who advocates dictatorship always advocates the unrestricted rule of his own will

All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out