My Theories Explain, But Cannot Slow The

Once Public Opinion Is Convinced That The Increase In The Quantity Of Money Will Continue And Never Come To An End, And That Consequently The Prices Of All Commodities Will Not Cease To Rise, Everybody Becomes Eager To Buy As Much As Possible And Restrict His Cash Holdings To Minimum Size... If The Credit Expansion Is Not Stopped In Time, The Boom Turns To Crack-up Boom: The Flight Into Real Values Begins, And The Whole Monetary System Founders.

The Essential Characteristic Of Western Civilization That Distinguishes It From The Arrested And Petrified Civilizations Of The East Was And Is Its Concern For Freedom From The State.

A Citizen Who Casts His Ballot Without Having To The Best Of His Abilities Studied As Much Economics As He Can Fails In His Civic Duties.

Economic Knowledge Necessarily Leads To Liberalism

The Worship Of The State Is The Worship Of Force. There Is No More Dangerous Menace To Civilization Than A Government Of Incompetent, Corrupt, Or Vile Men. The Worst Evils Which Mankind Ever Had To Endure Were Inflicted By Governments.