The Market System Is The Basis Of

Socialist Society Is A Society Of Officials.

Economic Progress Is The Work Of The Savers, Who Accumulate Capital, And Of The Entrepreneurs, Who Turn Capital To New Uses.

In Public Administration There Is No Connection Between Revenue And Expenditure.

Rulers Do Not Like To Admit That Their Power Is Restricted By Any Laws Other Than Those Of Physics And Biology. They Never Ascribe Their Failures And Frustrations To The Violation Of Economic Law.

A Wealthy Man Can Preserve His Wealth Only By Continuing To Serve The Consumers In The Most Efficient Way.