Sovereignty Must Not Be Used

Capital Is Not A Free Gift Of God Or Of Nature. It Is The Outcome Of A Provident Restriction Of Consumption On The Part Of Man. It Is Created And Increased By Saving And Maintained By The Abstention From Dissaving.

There Is No Means By Which Anyone Can Evade His Personal Responsibility. Whoever Neglects To Examine To The Best Of His Abilities All The Problems Involved Voluntarily Surrenders His Birthright To A Selfappointed Elite Of Supermen. In Such Vital Matters Blind Reliance Upon 'experts' And Uncritical Acceptance Of Popular Catchwords And Prejudices Is Tantamount To The Abandonment Of Self-determination And To Yielding To Other People's Domination. As Conditions Are Today, Nothing Can Be More Important To Every Intelligent Man Than Economics. His Own Fate And That Of His Progeny Are At Stake.

What Generates War Is The Economic Philosophy Of Nationalism: Embargoes, Trade And Foreign Exchange Controls, Monetary Devaluation, Etc. The Philosophy Of Protectionism Is A Philosophy Of War.

All Those Evils Which The [liberals] Interpret As Evidence Of The Failure Of Capitalism, Are The Necessary Outcome Of Interference With The Market.

Nobody Ever Recommended A Dictatorship Aiming At Ends Other Than Those He Himself Approved. He Who Advocates Dictatorship Always Advocates The Unrestricted Rule Of His Own Will