All Almsgiving Inevitably Tends To

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.

All Rational Action Is In The First Place Individual Action. Only The Individual Thinks. Only The Individual Reasons. Only The Individual Acts.

Democracy Is Not A Good That People Can Enjoy Without Trouble. It Is, On The Contrary, A Treasure That Must Be Daily Defended And Conquered Anew By Strenuous Effort.

No Matter How Efficient School Training May Be, It Would Only Produce Stagnation, Orthodoxy, And Rigid Pedantry If There Were No Uncommon Men Pushing Forward Beyond The Wisdom Of Their Tutors.

There Is But One Means Available To Improve The Material Conditions Of Mankind: To Accelerate The Growth Of Capital Accumulated As Against The Growth In Population. The Greater The Amount Of Capital Invested Per Head Of The Worker, The More And Better Goods Can Be Produced And Consumed. This Is What Capitalism, The Much Abused Profit System, Has Brought About And Brings About Daily Anew. Yet, Most Present-day Governments And Political Parties Are Eager To Destroy This System.