In The Long Run The Ideas Of

State Interference In Economic Life, Which Calls Itself Economic Policy, Has Done Nothing But Destroy Economic Life. Prohibitions And Regulations Have By Their General Obstructive Tendency Fostered The Growth Of The Spirit Of Wastefulness.

As The Liberal Sees It, The Task Of The State Consists Solely And Exclusively In Guaranteeing The Protection Of Life, Health, Liberty, And Private Property Against Violent Attacks. Everything That Goes Beyond This Is An Evil. A Government That, Instead Of Fulfilling Its Task, Sought To Go So Far As Actually To Infringe On Personal Security Of Life And Health, Freedom, And Property Would, Of Course, Be Altogether Bad.

Our Whole Civilization Rests On The Fact That Men Have Always Succeeded In Beating Off The Attack Of The Re-distributors.

Economically Considered, War And Revolution Are Always Bad Business.

The Issue Is Always The Same: The Government Or The Market. There Is No Third Solution.