What Is Put Into The Hands Of

A Certain Amount Of Taxes Is Of Course Indispensable To Carry On Essential Government Functions. Reasonable Taxes For This Purpose Need Not Hurt Production Much.

It Is Often Sadly Remarked That The Bad Economists Present Their Errors To The Public Better Than The Good Economists Present Their Truths. It Is Often Complained That Demagogues Can Be More Plausible In Putting Forward Economic Nonsense From The Platform Than The Honest Men Who Try To Show What Is Wrong With It.

Short-sighted And Impatient Efforts To Wipe Out Poverty By Severing The Connection Between Effort And Reward Can Only Lead To The Growth Of A Totalitarian State, And Destroy The Economic Progress That This Country Has So Dearly Bought.

Government Provided Free Tuition Tends More And More To Produce A Uniform Conformist Education, With College Faculties Ultimately Dependent For Their Jobs On The Government, And So Developing An Economic Interest In Profession And Teaching A Statist, Pro-government, And Socialist Ideology.

It Is Possible To Increase Paper-money Income To Any Amount By Debasing The Currency. But Real Income Can Only Be Increased By Working Harder Or More Efficiently, Saving More, Investing More, And Producing More.