Socialist Society Is A Society Of Officials.

Every Innovation Makes Its Appearance As A 'luxury' Of The Few Well-to-do. After Industry Has Become Aware Of It, The Luxury Then Becomes A 'necessity' For All.

Every Restriction Of Trade Creates Vested Interests That Are From Then On Opposed To Its Removal.

The Boom Squanders Through Malinvestment Scarce Factors Of Production And Reduces The Stock Available Through Overconsumption; Its Alleged Blessings Are Paid For By Impoverishment.

Without Speculation There Can Be No Economic Activity Reaching Beyond The Immediate Present.

The Essential Feature Of Government Is The Enforcement Of Its Decrees By Beating, Killing, And Imprisoning.