If, as is generally the case, the heirs are not equal to the demands which life makes on an entrepreneur, the inherited wealth rapidly vanishes.

Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will.

The main characteristic of collectivism is that it does not take notice of the individual's will and moral self-determination. In the light of its philosophy the individual is born into a collective and it is "natural" and proper for him to behave as members of this collective are expected to behave. Expected by whom? Of course, by those individuals to whom, by the mysterious decrees of some mysterious agency, the task of determining the collective will and directing the actions of the collective has been entrusted.

Education rears disciples, imitators, and routinists, not pioneers of new ideas and creative geniuses. The schools are not nurseries of progress and improvement, but conservatories of tradition and unvarying modes of thought.

What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you.

Only the naive inflationist's could believe that government could enrich mankind through fiat money.

Unemployment doles can have no other effect than the perpetuation of unemployment.