A Hundred Welfare Programs, Spending More And

The System Of Capitalism, Of The Market Economy, Is A System Of Freedom, Of Justice, Of Productivity. But These Three Virtues Cannot Be Separated. Each Flows Out Of The Other.

Government Planning Always Involves Compulsion.

The Ideas Which Now Pass For Brilliant Innovations And Advances Are In Fact Mere Revivals Of Ancient Errors, And A Further Proof Of The Dictum That Those Who Are Ignorant Of The Past Are Condemned To Repeat It.

There Are Millions Receiving Government Payments Who Have Come To Consider Them As An Earned Right, Who Of Course Find Them Inadequate, And Who Are Outraged At The Slightest Suggestion Of A Critical Re-examination Of The Subject. The Political Pressure For Constant Extension And Increase Of These Benefits Is Almost Irresistible.

One Of The Worst Features Of All The Plans For Sharing Wealth And Equalizing Or Guaranteeing Incomes Is That They Lose Sight Of The Conditions And Institution S That Are Necessary To Create Wealth And Income In The First Place.