If People Do Not Consume Their Whole

Nobody Is In A Position To Decree What Should Make A Fellow Man Happier.

History Can Tell Us What Happened In The Past. But It Cannot Assert That It Must Happen Again In The Future.

Economics Must Not Be Relegated To Classrooms And Statistical Offices And Must Not Be Left To Esoteric Circles. It Is The Philosophy Of Human Life And Action And Concerns Everybody And Everything. It Is The Pith Of Civilization And Of Man's Human Existence.

Everybody Thinks Of Economics Whether He Is Aware Of It Or Not. In Joining A Political Party Or In Casting His Ballot, The Citizen Implicitly Takes A Stand Upon Essential Economic Theories.

All Varieties Of Interference With The Market Phenomena Not Only Fail To Achieve The Ends Aimed At By Their Authors And Supporters, But Bring About A State Of Affairs Which - From The Point Of View Of Their Authors And Advocates Valuations - Is Less Desirable Than The Previous State Of Affairs Which They Were Designed To Alter.