“Nor do I understand how anyone can feel that industrial progress has been made at the expense of social progress nor why any American should suffer from the great delusion that any form of communism or statism, which promotes the dictatorship of the few instead of the initiative of the millions, can produce a happier and more prosperous society.”

“Smith had no illusion that this would be easy to do, nor did he suffer from the delusion that such an exercise would, in any sense, be perfect. But he did have the conviction that the exercise could still be very useful, and the best should not be made into an enemy of the good.”

“The things... which are proper to the understanding no other man is used to impede, for neither fire, nor iron, nor tyrant, nor abuse, touches it in any way. When it has been made a sphere, it continues a sphere.”

“Nor can anyone rightly choose his own doctrine from all, unless he has first made himself familiar with all of them. Moreover, there is in each school something distinctive, which it has not in common with any other.”
Nec potest ex omnibus sibi recte propriam selegisse, qui omnes prius familiariter non agnoverit. Adde quod in una quaque familia est aliquid insigne, quod non sit ei commune cum caeteris.

“Intellectual over-indulgence is the most gratuitous and disgraceful form which excess can take, nor is there any the consequences of which are more disastrous.”

“Believing in progress does not mean believing that any progress has yet been made. That is not the sort of belief that indicates real faith.”

“We want to establish such an Islamic society, where there shall be appeared no heterogeneous isms in the name of progressiveness, nor any Mazhabi parochialism in the name of Islam.”

“First let us ask whether our wealth-creating agencies, particular that of industry, are to be based upon private enterprise of policy management. I can not see how any intelligent observer can have any possible faith in the capacity of political management to provide either stability or progress if it should set out to operate the agencies of wealth creation, particularly industry. It is my firm conviction that any form of 'Government Regulation of Business' is bound to result in an ever-increasing interference with the broad exercise of initiative - the very foundation of the American system. That is the natural evolution of bureaucracy. If that be so, might not the ultimate logical result be the necessity for the socialization of industry through the break down of the profit system induced by the accumulative effect of the ever-increasing political management. We do not need to go far afield to see definite evidences of that possibility”

“Businessmen are the one group that distinguishes capitalism and the American way of life from the totalitarian statism that is swallowing the rest of the world. All the other social groups- workers, farmers, professional men, scientists, soldiers- exist under dictatorships, even though they exist in chains, in terror, in misery, and in progressive self-destruction. But there is no such group as businessmen under a dictatorship. Their place is taken by armed thugs: by bureaucrats and commissars. Businessmen are the symbol of a free society- the symbol of America.”

“Is there any point in public debate in a society where hardly anyone has been taught how to think, while millions have been taught what to think?”