Big Business Always Serve - Directly Or

To The Grumbler Who Complains About The Unfairness Of The Market System Only One Piece Of Advice Can Be Given: If You Want To Acquire Wealth, Then Try To Satisfy The Public By Offering Them Something That Is Cheaper Or Which They Like Better....equality Under The Law Gives You The Power To Challenge Every Millionaire.

True, Governments Can Reduce The Rate Of Interest In The Short Run. They Can Issue Additional Paper Money. They Can Open The Way To Credit Expansion By The Banks. They Can Thus Create An Artificial Boom And The Appearance Of Prosperity. But Such A Boom Is Bound To Collapse Soon Or Late And To Bring About A Depression.

The Gold Standard Makes The Money's Purchasing Power Independent Of The Changing, Ambitions And Doctrines Of Political Parties And Pressure Groups. This Is Not A Defect Of The Gold Standard; It Is Its Main Excellence.

The Boom Squanders Through Malinvestment Scarce Factors Of Production And Reduces The Stock Available Through Overconsumption; Its Alleged Blessings Are Paid For By Impoverishment.

The State Is Essentially An Apparatus Of Compulsion And Coercion. The Characteristic Feature Of Its Activities Is To Compel People Through The Application Or The Threat Of Force To Behave Otherwise Than They Would Like To Behave.