Relief, Or Redistribution Of Income,

If Precious Metals Had Been Abundant, They Would Not Have Been Precious.

Capitalism Will Continue To Eliminate Mass Poverty In More And More Places And To An Increasingly Marked Extent If It Is Merely Permitted To Do So.

Everything We Get, Outside Of The Free Gifts Of Nature, Must In Some Way Be Paid For. The World Is Full Of So- Called Economists Who In Turn Are Full Of Schemes For Getting Something For Nothing. They Tell Us That The Government Can Spend And Spend Without Taxing At All; That It Can Continue To Pile Up Debt Without Ever Paying It Off, Because "we Owe It To Ourselves."

In A Free Enterprise System, With An Honest And Stable Money, There Is Dominantly A Close Link Between Effort And Productivity, On The One Hand, And Economic Reward On The Other. Inflation Severs This Link. Reward Comes To Depend Less And Less On Effort And Production, And More And More On Successful Gambling And Luck.

There Are Millions Receiving Government Payments Who Have Come To Consider Them As An Earned Right, Who Of Course Find Them Inadequate, And Who Are Outraged At The Slightest Suggestion Of A Critical Re-examination Of The Subject. The Political Pressure For Constant Extension And Increase Of These Benefits Is Almost Irresistible.