But egoism is more than this. It is the realization by the individual that he is above all institutions and all formulas; that they exist only so far as he chooses to make them his own by accepting them.

In brief, egoism in its modern interpretation, is the antithesis, not of altruism, but of idealism.

You are forever alone.

It is often said by reformers that government should be conducted upon business principles.

At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.

When not only gold but all commodities are available for the redemption of the paper currency, its volume is limited only by the value of all the wealth of the country, and it can never become insecure up to this limit.

The business of a bank is to lend money; which amounts, nowadays, to lending credit.