Spontaneous Actions Of Individuals, Aiming At Nothing

Business Is A Means- The Only Means- To Increase The Quantity Of Goods Available For Preserving Life And Rendering It More Agreeable.

Credit Expansion Can Bring About A Temporary Boom. But Such A Fictitious Prosperity Must End In A General Depression Of Trade, A Slump.

What Is Needed For A Sound Expansion Of Production Is Additional Capital Goods, Not Money Or Fiduciary Media. The Credit Expansion Is Built On The Sands Of Banknotes And Deposits. It Must Collapse.

The First Thing A Genius Needs Is To Breath Free Air.

There Is No Other Planning For Freedom And General Welfare Than To Let The Market System Work.