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"It is illogical to say, as many etatists do, that liberalism is hostile to or hates the state, because it is opposed to the transfer of the ownership of railroads or cotton mills to the state. If a man says that sulphuric acid does not make a good hand lotion, he is not expressing hostility to sulphuric acid as such; he is simply giving his opinion concerning the limitations of its use."
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"It is illogical to say, as many etatists do, that liberalism is hostile to or hates the state, because it is opposed to the transfer of the ownership of railroads or cotton mills to the state. If a man says that sulphuric acid does not make a good hand lotion, he is not expressing hostility to sulphuric acid as such; he is simply giving his opinion concerning the limitations of its use."
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Personal Development

"We seldom make logical mistakes, but often have mistaken logics."
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Personal Development

"A thousand minus one is never a thousand."
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Personal Development

"In order to disprove the assertion that all crows are black, one white crow is sufficient."
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Personal Development

"I was upset. I had always believed logic was a universal weapon and now I realized how its validity depended on the way it was employed."
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Personal Development

"A narrow hallway is all that separates rational from irrational, creativity from insanity, and intelligence from stupidity."
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Personal Development

"The existence of a majority logically implies a corresponding minority."
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Personal Development

"The rule is, jam tomorrow and jam yesterday - but never jam today."
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Personal Development

"Many people have said to me that I'm a mystic. I find that a bit mysterious. I just use logic and common sense for my philosophies."
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Personal Development

"Arguments cannot be answered by personal abuse; there is no logic in slander, and falsehood, in the long run, defeats itself."
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"Only one thing can conquer war - that attitude of mind which can see nothing in war but destruction and annihilation."
Attitude

"Whoever wishes peace among peoples must fight statism."
Peace

"Society has arisen out of the works of peace; the essence of society is peacemaking."
Society

"Innovation is the whim of an elite before it becomes a need of the public."
Innovation

"Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire."
Policy

"War... is harmful, not only to the conquered but to the conqueror."
War

"To defeat the aggressors is not enough to make peace durable. The main thing is to discard the ideology that generates war."
Peace

"Economically considered, war and revolution are always bad business."
Business

"Rhetorical bombast, music and song resound, banners wave, flowers and colors serve as symbols, and the leaders seek to attach their followers to their own person. Liberalism has nothing to do with all this. It has no party flower and no party color, no party song and no party idols, no symbols and no slogans. It has the substance and the arguments. These must lead it to victory."
Politics

"It is impossible to say how far the present value of money depends on its monetary employment and how far on its industrial employment. When the institution of money was first established, the industrial basis of the value of the precious metals may have preponderated; but with progress in the monetary organization of economic life the monetary employment has become more and more important. It is certain that nowadays the value of gold is largely supported by its monetary employment, and that its demonetization would affect its price in an overwhelming fashion."
Economics
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