Our Whole Civilization Rests On The Fact

Governments, Political Parties, Pressure Groups, And The Bureaucrats Of The Educational Hierarchy Think They Can Avoid The Inevitable Consequences Of Unsuitable Measures By Boycotting And Silencing The Independent Economists. But Truth Persists And Works, Even If Nobody Is Left To Utter It.

Tyranny Is The Political Corollary Of Socialism, As Representative Government Is The Political Corollary Of The Market Economy.

The Characteristic Feature Of Modern Capitalism Is Mass Production Of Goods Destined For Consumption By The Masses. The Result Is A Tendency Towards A Continuous Improvement In The Average Standard Of Living, A Progressing Enrichment Of The Many.

Capitalism Is Essentially A System Of Mass Production For The Satisfaction Of The Needs Of The Masses. It Pours A Horn Of Plenty Upon The Common Man. It Has Raised The Average Standard Of Living To A Height Never Dreamed Of In Earlier Ages. It Has Made Accessible To Millions Of People Enjoyments Which A Few Generations Ago Were Only Within The Reach Of A Small élite.

The Struggle For Freedom Is Ultimately Not Resistance To Autocrats Or Oligarchs But Resistance To The Despotism Of Public Opinion.