Modern Society, Based As It Is On

True, Governments Can Reduce The Rate Of Interest In The Short Run. They Can Issue Additional Paper Money. They Can Open The Way To Credit Expansion By The Banks. They Can Thus Create An Artificial Boom And The Appearance Of Prosperity. But Such A Boom Is Bound To Collapse Soon Or Late And To Bring About A Depression.

History Makes One Wise, But Not Competent To Solve Concrete Problems.

The Philosophy Commonly Called Individualism Is A Philosophy Of Social Cooperation And The Progressive Intensification Of The Social Nexus.

The Meaning Of Economic Freedom Is This: That The Individual Is In A Position To Choose The Way In Which He Wants To Integrate Himself Into The Totality Of Society.

Some Experts Have Declared That It Is Necessary To Tax The People Until It Hurts. I Disagree With These Sadists.