The Attainment Of The Economic Aims Of

History Can Tell Us What Happened In The Past. But It Cannot Assert That It Must Happen Again In The Future.

Depression Is The Aftermath Of Credit Expansion.

People Must Learn That The Accumulation Of Wealth By The Successful Conduct Of Business Is The Corollary Of The Improvement Of Their Own Standard Of Living And Vice Versa. They Must Realize That Bigness In Business Is Not An Evil, But Both The Cause And Effect Of The Fact That They Themselves Enjoy All Those Amenities Whose Enjoyment Is Called The “american Way Of Life.

Socialism And Interventionism. Both Have In Common The Goal Of Subordinating The Individual Unconditionally To The State.

In Talking About Equality And Asking Vehemently For Its Realization, Nobody Advocates A Curtailment Of His Own Present Income.