Interventionism Cannot Be Considered As An Economic

The Truth Is That Most People Lack The Intellectual Ability And Courage To Resist A Popular Movement, However Pernicious And Ill-considered.

The Governments Alone Are Responsible For The Spread Of The Superstitious Awe With Which The Common Man Looks Upon Every Bit Of Paper Upon Which The Treasury Or Agencies Which It Controls Have Printed The Magical Words Legal Tender.

The Market Economy Is The Social System Of The Division Of Labor Under Private Ownership Of The Means Of Production. Everybody Acts On His Own Behalf; But Everybodys Actions Aim At The Satisfaction Of Other Peoples Needs As Well As At The Satisfaction Of His Own. Everybody In Acting Serves His Fellow Citizens.

Changes In Human Conditions Are Brought About By The Pioneering Of The Cleverest And Most Energetic Men. They Take The Lead And The Rest Of Mankind Follows Them Little By Little.

The Main Achievement Of Economics Is That It Has Provided A Theory Of Peaceful Human Cooperation. This Is Why The Harbingers Of Violent Conflict Have Branded It As A Dismal Science And Why This Age Of Wars, Civil Wars, And Destruction Has No Use For It.