Socialism Is The Renunciation Of Rational Economy.

An Entrepreneur Cannot Be Trained. A Man Becomes And Entrepreneur By Seizing An Opportunity And Filling The Gap. No Special Education Is Required For Such A Display Of Keen Judgment, Foresight, And Energy.

The Comparatively Greater Prosperity Of The United States Is An Outcome Of The Fact That The New Deal Did Not Come In 1900 Or 1910, But Only In 1933.

To The Masses, The Catchwords Of Socialism Sound So Enticing... So They Will Continue To Work For Socialism, Helping Thereby To Bring About The Inevitable Decline Of The Civilization Which The Nations Of The West Have Taken Thousands Of Years To Build Up.

What Generates War Is The Economic Philosophy Of Nationalism: Embargoes, Trade And Foreign Exchange Controls, Monetary Devaluation, Etc. The Philosophy Of Protectionism Is A Philosophy Of War.

The Gold Standard Makes The Money's Purchasing Power Independent Of The Changing, Ambitions And Doctrines Of Political Parties And Pressure Groups. This Is Not A Defect Of The Gold Standard; It Is Its Main Excellence.