The balance between consumption and production makes price. The market settles, and alone can settle, that price. Market is the meeting and conference of the consumer and producer, when they mutually discover each other’s wants. Nobody, I believe, has observed with any reflection what market is, without being astonished at the truth, the correctness, the celerity, the general equity, with which the balance of wants is settled. They who wish the destruction of that balance, and would fain by arbitrary regulation decree, that defective production should not be compensated by encreased price, directly lay their axe to the root of production itself. [Thoughts and Details on Scarcity]

I have been baptised and educated in the Church of England; and have seen no cause to abandon that communion. ... I think that Church harmonises with our civil constitution, with the frame and fashion of our Society, and with the general Temper of the people. I think it is better calculated, all circumstances considered, for keeping peace amongst the different sects, and of affording to them a reasonable protection, than any other System. Being something in a middle, it is better disposed to moderate.

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France had endeavoured under the specious pretext of an enlarged benevolence, to sow the seeds of enmity among nations, and destroy all local attachments, calling them narrow and illiberal—thereby to dissever the people from their governors.

I have no idea of a liberty unconnected with honesty and justice. Nor do I believe, that any good constitutions of government, or of freedom, can find it necessary for their security to doom any part of the people to a permanent slavery. Such a constitution of freedom, if such can be, is in effect no more than another name for the tyranny of the strongest faction; and factions in republics have been, and are, full as capable as monarchs, of the most cruel oppression and injustice.

For my part for one, though I make no doubt of preferring the antient Course, or almost any other to this vile chimera, and sick mans dream of Government yet I could not actively, or with a good heart, and clear conscience, go to the establishment of a monarchical despotism in the place of this system of Anarchy.

​If civil society be the offspring of convention, that convention must be its law. That convention must limit and modify all the descriptions of constitution which are formed under it. Every sort of legislative, judicial, or executory power are its creatures. They can have no being in any other state of things; and how can any man claim, under the conventions of civil society, rights which do not so much as suppose its existence, — rights which are absolutely repugnant to it? One of the first motives to civil society, and which becomes one of its fundamental rules, is, that no man should be judge in his own cause. By this each person has at once divested himself of the first fundamental right of uncovenanted man, that is, to judge for himself, and to assert his own cause. He abdicates all right to be his own governor. He inclusively, in a great measure, abandons the right of self-defence, the first law of Nature. Men cannot enjoy the rights of an uncivil and of a civil state together. That he may obtain justice, he gives up his right of determining what it is in points the most essential to him. That he may secure some liberty, he makes a surrender in trust of the whole of it.

If we owe to it [civil society] any duty, it is not subject to our will. Duties are not voluntary. Duty and will are even contradictory terms. Now though civil society might be at first a voluntary act (which in many cases it undoubtedly was) its continuance is under a permanent standing covenant, coexisting with the society; and it attaches upon every individual of that society, without any formal act of his own. This is warranted by the general practice, arising out of the general sense of mankind.

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If I understand at all the true Spirit of the present contest, We are engaged in a Civil War ... I consider the Royalists of France, or, as they are (perhaps more properly) called, the Aristocrates, as of the party which we have taken in this civil war.