In Capitalist Enterprise There Is No Secure

He Who Acts Under An Emotional Impulse Also Acts. What Distinguishes An Emotional Action From Other Actions Is The Valuation Of Input And Output. Emotions Disarrange Valuations. Inflamed With Passion, Man Sees The Goal As More Desirable And The Price He Has To Pay For It As Less Burdensome Than He Would In Cool Deliberation.

War...is Harmful, Not Only To The Conquered But To The Conqueror.

Credit Expansion Can Bring About A Temporary Boom. But Such A Fictitious Prosperity Must End In A General Depression Of Trade, A Slump.

There Is No Use In Deceiving Ourselves. American Public Opinion Rejects The Market Economy, The Capitalistic Free Enterprise System That Provided The Nation With The Highest Standard Of Living Ever Attained. Full Government Control Of All Activities Of The Individual Is Virtually The Goal Of Both National Parties.

The Advocates Of Public Control Cannot Do Without Inflation. They Need It In Order To Finance Their Policy Of Reckless Spending And Of Lavishly Subsidizing And Bribing The Voters.