There Is Only One '' Principle That

Perhaps Even More Than Elsewhere Current Notions Of What Is Desirable And Practicable Are Here Still Of A Kind Which May Well Produce The Opposite Of What They Promise.

Whenever It Is Necessary That One Of Several Conflicting Opinions Should Prevail And When One Would Have To Be Made To Prevail By Force If Need Be, It Is Less Wasteful To Determine Which Has The Stronger Support By Counting Numbers Than By Fighting.

With The Exception Only Of The Period Of The Gold Standard, Practically All Governments Of History Have Used Their Exclusive Power To Issue Money To Defraud And Plunder The People.

Least Of All Shall We Preserve Democracy Or Foster Its Growth If All The Power And Most Of The Important Decisions Rest With An Organization Far Too Big For The Common Man To Survey Or Comprehend.

The Economic Freedom Which Is The Prerequisite Of Any Other Freedom Cannot Be The Freedom From Economic Care Which The Socialist Promise Us, And Which Can Be Obtained Only By Relieving The Individual At The Same Time Of The Necessity And Of The Power Of Choice: It Must Be The Freedom Of Economic Activity Which, With The Right Of Choice, Inevitably Also Carries The Risk And The Responsibility Of That Right