The Causes Of All Panics,

Government Is The Only Institution That Can Take A Valuable Commodity Like Paper, And Make It Worthless By Applying Ink.

The Market Steers The Capitalistic Economy. It Directs Each Individual's Activities Into Those Channels In Which He Best Serves The Wants Of His Fellow-men. The Market Alone Puts The Whole Social System Of Private Ownership Of The Means Of Production And Free Enterprise In Order And Provides It With Sense And Meaning.

Civilization Is A Work Of Peaceful Co-operation.

The Fundamental Law Of The Market Is: The Customer Is Always Right.

The Main Political Problem Is How To Prevent The Police Power From Becoming Tyrannical. This Is The Meaning Of All The Struggles For Liberty.