I Know That It Is Not Enough

The Typical Citizen Drops Down To A Lower Level Of Mental Performance As Soon As He Enters The Political Field. He Argues And Analyzes In A Way Which He Would Readily Recognize As Infantile Within The Sphere Of His Real Interests. He Becomes Primitive Again.

The Banker, Therefore, Is Not So Much Primarily A Middleman In The Commodity "purchasing Power" As A Producer Of This Commodity. However, Since All Reserve Funds And Savings Today Usually Flow To Him, And The Total Demand For Free Purchasing Power, Whether Existing Or To Be Created, Concentrates On Him, He Has Either Replaced Private Capitalists Or Become Their Agent; He Has Himself Become The Capitalist Par Excellence.

I Set Out To Become The Greatest Lover In Vienna, The Greatest Horseman In Austria, And The Greatest Economist In The World. Alas, For The Illusions Of Youth: As A Horseman, I Was Never Really First-rate.

Entrepreneurial Profit Is The Expression Of The Value Of What The Entrepreneur Contributes To Production.

It Is, After All, Only Common Sense To Realize That, But For The Fact That Economic Life Is A Process Of Incessant Internal Change, The Business Cycle, As We Know It, Would Not Exist.