Capitalism Created The Possibility Of Employment.

We Must Show That Liberty Is Not Merely One Particular Value But That It Is The Source And Condition Of Most Moral Values. What A Free Society Offers To The Individual Is Much More Than What He Would Be Able To Do If Only He Were Free. We Can Therefore Not Fully Appreciate The Value Of Freedom Until We Know How A Society Of Free Men As A Whole Differs From One In Which Unfreedom Prevails.

I Do Not Think It Is An Exaggeration To Say History Is Largely A History Of Inflation, Usually Inflations Engineered By Governments For The Gain Of Governments.

If I Am Not Mistaken, Psychology, Psychiatry And Some Branches Of Sociology, Not To Speak About The So-called Philosophy Of History, Are Even More Affected By What I Have Called The Scientistic Prejudice, And By Specious Claims Of What Science Can Achieve.

Nothing Distinguishes More Clearly Conditions In A Free Country From Those In A Country Under Arbitrary Government Than The Observance In The Former Of The Great Principles Known As The Rule Of Law.

Few Are Ready To Recognize That The Rise Of Fascism And Nazism Was Not A Reaction Against The Socialist Trends Of The Preceding Period But A Necessary Outcome Of Those Tendencies.