Thus, The Isolated Interference With One Or

As The Science Of Economics...exploded The Fallacies Of Every Brand Of Utopianism, It Was Outlawed And Stigmatized As Unscientific.

In The Market Economy The Worker Sells His Services As Other People Sell Their Commodities. The Employer Is Not The Employee's Lord. He Is Simply The Buyer Of Services Which He Must Purchase At Their Market Price.

Government Means Always Coercion And Compulsion And Is By Necessity The Opposite Of Liberty. Government Is A Guarantor Of Liberty And Is Compatible With Liberty Only If Its Range Is Adequately Restricted To The Preservation Of Economic Freedom. Where There Is No Market Economy, The Best-intentioned Provisions Of Constitutions And Laws Remain A Dead Letter.

It Is Impossible To Understand The History Of Economic Thought If One Does Not Pay Attention To The Fact That Economics As Such Is A Challenge To The Conceit Of Those In Power.

The Sharper The Competition, The Better It Serves Its Social Function To Improve Economic Production.