The Real Bosses, In The Capitalist System

All Attempts To Coerce The Living Will Of Human Beings Into The Service Of Something They Do Not Want Must Fail

Interventionism Cannot Be Considered As An Economic System Destined To Stay. It Is A Method For The Transformation Of Capitalism Into Socialism By A Series Of Successive Steps.

There Is In The Universe Something For The Description And Analysis Of Which The Natural Sciences Cannot Contribute Anything. There Are Events Beyond The Range Of Those Events That The Procedures Of The Natural Sciences Are Fit To Observe And Describe. There Is Human Action.

Credit Expansion Can Bring About A Temporary Boom. But Such A Fictitious Prosperity Must End In A General Depression Of Trade, A Slump.

The Early Industrialists Were For The Most Part Men Who Had Their Origin In The Same Social Strata From Which Their Workers Came. They Lived Very Modestly, Spent Only A Fraction Of Their Earnings For Their Households And Put The Rest Back Into The Business.