The manner in which things exist and take place, constitutes what is called the nature of things; and a careful observation of the nature of things is the sole foundation of all truth.

The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.

If one individual, or one class, can call in the aid of authority to ward off the effects of competition, it acquires a privilege and at the cost of the whole community; it can make sure of profits not altogether due to the productive services rendered, but composed in part of an actual tax upon consumers for its private profit' which tax it commonly shares with the authority that thus unjustly lent its support.

I'il n'est pas en notre pouvoir de changer la nature des choses. Il faut les йtudier telles qu'elles sont.

The manner in which things exist and take place, constitutes what is called the nature of things; and a careful observation of the nature of things is the sole foundation of all truth.

The theory of interest was wrapped in utter obscurity, until Hume and Smith dispelled the vapor.

Nothing can be more idle than the opposition of theory to practice!