Action Based On Reason, Action Therefore Which

The Entrepreneur Profits To The Extent He Has Succeeded In Serving The Consumers Better Than Other People Have Done.

Government Policies Try To Prevent The Emergence Of Serious Unemployment By Credit Expansion, I.e., Inflation. The Outcome Was Rising Prices, Renewed Demands For Higher Wages And Reiterated Credit Expansion; In Short, Protracted Inflation.

Those Fighting For Free Enterprise And Free Competition Do Not Defend The Interests Of Those Rich Today. They Want A Free Hand Left To Unknown Men Who Will Be The Entrepreneurs Of Tomorrow.

The Capitalist System Of Production Is An Economic Democracy In Which Every Penny Gives A Right To Vote. The Consumers Are The Sovereign People. The Capitalists, The Entrepreneurs, And The Farmers Are The People's Mandatories. If They Do Not Obey, If They Fail To Produce, At The Lowest Possible Cost, What

We Must Fight All That We Dislike In Public Life. We Must Substitute Better Ideas For Wrong Ideas.