He Who Is Unfit To Serve His

There Are For Man Only Two Principles Available For A Mental Grasp Of Reality, Namely, Those Of Teleology And Causality. What Cannot Be Brought Under Either Of These Categories Is Absolutely Hidden To The Human Mind. An Event Not Open To An Interpretation By One Of These Two Principles Is For Man Inconceivable And Mysterious. Change Can Be Conceived As The Outcome Either Of The Operation Of Mechanistic Causality Or Of Purposeful Behavior; For The Human Mind There Is No Third Way Available.

The Only Source Of The Generation Of Additional Capital Goods Is Saving. If All The Goods Produced Are Consumed, No New Capital Comes Into Being.

The Prerequisite For More Economic Equality In The World Is Industrialization. And This Is Possible Only Through Increased Capital Investment, Increased Capital Accumulation.

Governments, Political Parties, Pressure Groups, And The Bureaucrats Of The Educational Hierarchy Think They Can Avoid The Inevitable Consequences Of Unsuitable Measures By Boycotting And Silencing The Independent Economists. But Truth Persists And Works, Even If Nobody Is Left To Utter It.

If History Could Prove And Teach Us Anything, It Would Be The Private Ownership Of The Means Of Production As A Necessary Requisite Of Civilization And Material Well-being. All Civilizations Have Up To Now Been Based On Private Property. Only Nations Committed To The Principle Of Private Property Have Risen Above Penury And Produced Science, Art, And Literature. There Is No Experience To Show That Any Other Social System Could Provide Mankind With Any Of The Achievements Of Civilization.