Our Submission To General Principles Is Necessary

To Combat Depression By A Forced Credit Expansion Is To Attempt To Cure The Evil By The Very Means Which Brought It About; Because We Are Suffering From A Misdirection Of Production, We Want To Create Further Misdirection -- A Procedure Which Can Only Lead To A Much More Severe Crisis As Soon As The Credit Expansion Comes To An End.

The Mind Cannot Foresee Its Own Advance.

Liberty'''.that Condition Of Man In Which Coercion Of Some By Others Is Reduced As Much As Possible In Society

In Any Society Freedom Of Thought Will Probably Be Of Direct Significance For A Small Minority. But This Does Not Mean That Anyone Is Competent, Or Ought To Have Power, To Select Those To Whom This Freedom Is To Be Reserved.

Capitalism Is Not Only A Better Form Of Organizing Human Activity Than Any Deliberate Design, Any Attempt To Organize It To Satisfy Particular Preferences, To Aim At What People Regard As Beautiful Or Pleasant Order, But It Is Also The Indispensable Condition For Just Keeping That Population Alive Which Exists Already In The World. I Regard The Preservation Of What Is Known As The Capitalist System, Of The System Of Free Markets And The Private Ownership Of The Means Of Production, As An Essential Condition Of The Very Survival Of Mankind.