Communism, like any other revealed religion, is largely made up of prophecies. When they fail to come off its clergy simply say that they will be realized later on. Thus, if we have another boom, they will argue that the collapse of capitalism is only postponed. The fact that the greatest booms ever heard of followed Marx's formal prophecy of the downfall of capitalism is already forgotten, just as millions have long since forgotten the early Christian prophecy that the end of the world was at hand. The first Christians accepted postponements as docilely as the Communists of today.

The idea that leisure is of value in itself is only conditionally true. The average man simply spends his leisure as a dog spends it. His recreations are all puerile, and the time supposed to benefit him really only stupefies him.

There is always a sheet of paper. There is always a pen. There is always a way out.

The aim of New Deals is to exterminate the class of creditors and thrust all men into that of debtors. It is like trying to breedcattle with all cows and no bulls.

It [the State] has taken on a vast mass of new duties and responsibilities; it has spread out its powers until they penetrate to every act of the citizen, however secret; it has begun to throw around its operations the high dignity and impeccability of a State religion; its agents become a separate and superior caste, with authority to bind and loose, and their thumbs in every pot. But it still remains, as it was in the beginning, the common enemy of all well-disposed, industrious and decent men.

Faith may be defined briefly as an illogical belief in the occurrence of the improbable.... A man full of faith is simply one who has lost (or never had) the capacity for clear and realistic thought. He is not a mere ass: he is actually ill.

No politician is ever benefited by saving money; it is spending it that makes him.