Prolonged Inflation Never 'stimulates' The

In Order That One Industry Might Grow Or Come Into Existence, A Hundred Other Industries Would Have To Shrink.

Some Champions Of Ever-greater Governmental Power And Spending Invent The Theory That The Taxpayers, Left To Themselves, Spend The Money They Have Earned Very Foolishly, On All Sorts Of Trivialities And Rubbish, And That Only The Bureaucrats, By First Seizing It From Them, Will Know How To Spend It Wisely.

Economics Is Haunted By More Fallacies Than Any Other Study Known To Man

Modern Capitalism Benefited The Masses In A Double Way - Both By Greatly Increasing The Wages Of The Masses Of Workers And Greatly Reducing The Real Prices They Had To Pay For What Was Produced.

Everywhere The Means Is Erected Into The End, And The End Itself Is Forgotten.