From the spring of 1941, I controlled all prices in the United States. You could lower a price without my permission, but you couldn't raise a price without my permission or that of my staff.

Partly, the Russian system succeeds because, in contrast to the Western industrial economies, it makes full use of its manpower.

It was Herbert Spencer, not Charles Darwin, who coined the phrase Survival of the Fittest.

There is something wonderful in seeing a wrong-headed majority assailed by truth.

The miserable consumption of the poor is partly the result of the ostentatious demands of the rich. There isn't enough for both, and the latter get far more than they need...But could anything seriously be done about it?

Then came the second Amsterdam discovery, although the principle was known elsewhere. Bank deposits...did not need to be left idly in the bank. They could be lent. The bank then got interest. The borrower then had a deposit that he could spend. But the original deposit still stood to the credit of the original depositor. That too could be spent. Money, spendable money, had been created. Let no one rub his or her eyes. It's still being done-every day. The creation of money by a bank is as simple as this, so simple, I've often said, that the mind is slightly repelled.

Ralph [ Nader] is an old friend of mine, and he does a useful job in displaying a position.