The Public Firm Can Nowhere Maintain Itself

This Is The Difference Between Slavery And Freedom. The Slave Must Do What His Superior Orders Him To Do, But The Free Citizen-and This Is What Freedom Means-is In A Position To Choose His Own Way Of Life.

There Is No Means Of Avoiding The Final Collapse Of A Boom Brought About By Credit Expansion. The Alternative Is Only Whether The Crisis Should Come Sooner As The Result Of Voluntary Abandonment Of Further Credit Expansion, Or Later As A Final And Total Catastrophe Of The Currency System Involved.

The History Of Mankind Is The History Of Ideas.

The Vigorous Man Industriously Striving For The Improvement Of His Condition Acts Neither More Nor Less Than The Lethargic Man Who Sluggishly Takes Things As They Come. For To Do Nothing And To Be Idle Are Also Action, They Too Determine The Course Of Events.

It Is Important To Remember That Government Interference Always Means Either Violent Action Or The Threat Of Such Action. Government Is In The Last Resort The Employment Of Armed Men, Of Policemen, Gendarmes, Soldiers, Prison Guards, And Hangmen. The Essential Feature Of Government Is The Enforcement Of Its Decrees By Beating, Killing, And Imprisoning. Those Who Are Asking For More Government Interference Are Asking Ultimately For More Compulsion And Less Freedom.