No amount of study or learning will make a man a leader unless he has the natural qualities of one. read more

No amount of study or learning will make a man a leader unless he has the natural qualities of one. - "London Times", February 17, 1941.

Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that read more

Neither "property" nor the value of property is a physical thing. Property is a set of defined options...It is that set of options which has economic value...It is the options, and not the physical things, which are the "property" - economically as well as legally...But because the public tends to think of property as tangible, physical things, this opens the way politically for government confiscation of property by forcibly taking away options while leaving the physical objects untouched.

To some, freedom means the opportunity to do what they want to do; to most it means not to do read more

To some, freedom means the opportunity to do what they want to do; to most it means not to do what they do not want to do. It is perhaps true that those who can grow will feel free under any condition.

The conception that government should be guided by majority opinion makes sense only if that opinion is independent of government. read more

The conception that government should be guided by majority opinion makes sense only if that opinion is independent of government. The ideal of democracy rests on the belief that the view which will direct government emerges from an independent and spontaneous process. It requires, therefore, the existence of a large sphere independent of majority control in which the opinions of the individuals are formed.

Conservative, n: A statesman who is enamored of existing evils, as distinguished from the Liberal who wishes to replace them read more

Conservative, n: A statesman who is enamored of existing evils, as distinguished from the Liberal who wishes to replace them with others.

I personally call the type of government which can be removed without violence 'democracy,' and the other, 'tyranny.'.

I personally call the type of government which can be removed without violence 'democracy,' and the other, 'tyranny.'.

The unpleasant and unacceptable face of capitalism.

The unpleasant and unacceptable face of capitalism.

Absolute power corrupts even when exercised for humane purposes. The benevolent despot who sees himself as a shepherd of the read more

Absolute power corrupts even when exercised for humane purposes. The benevolent despot who sees himself as a shepherd of the people still demands from others the submissiveness of sheep.

Liberty is an opportunity for doing good, but this is only so when it is also an opportunity for doing read more

Liberty is an opportunity for doing good, but this is only so when it is also an opportunity for doing wrong.