Capitalism Or Market Economy Is That System

History Makes One Wise, But Not Competent To Solve Concrete Problems.

Whether We Like It Or Not, It Is A Fact That Economics Cannot Remain An Esoteric Branch Of Knowledge Accessible Only To Small Groups Of Scholars And Specialists. Economics Deals With Society's Fundamental Problems; It Concerns Everyone And Belongs To All. It Is The Main And Proper Study Of Every Citizen.

Nobody Can Be At The Same Time A Correct Bureaucrat And An Innovator

All Rational Action Is In The First Place Individual Action. Only The Individual Thinks. Only The Individual Reasons. Only The Individual Acts.

There Is Simply No Other Choice Than This: Either To Abstain From Interference In The Free Play Of The Market, Or To Delegate The Entire Management Of Production And Distribution To The Government. Either Capitalism Or Socialism: There Exists No Middle Way.