The Attainment Of The Economic Aims Of

Capitalism Means Free Enterprise, Sovereignty Of The Consumers In Economic Matters, And Sovereignty Of The Voters In Political Matters. Socialism Means Full Government Control Of Every Sphere Of The Individuals Life And The Unrestricted Supremacy Of The Government In Its Capacity As Central Board Of Production Management.

It Is Indeed One Of The Principal Drawbacks Of Every Kind Of Interventionism That It Is So Difficult To Reverse The Process.

It Is Impossible To Grasp The Meaning Of The Idea Of Sound Money If One Does Not Realize That It Was Devised As An Instrument For The Protection Of Civil Liberties Against Despotic Inroads On The Part Of Governments.

What Governments Call International Monetary Cooperation Is Concerted Action For The Sake Of Credit Expansion.

The Essential Feature Of Government Is The Enforcement Of Its Decrees By Beating, Killing, And Imprisoning.