Marx and Engels openly declared that the progressive income tax and the death tax are 'economically untenable' and that they advocated them only because 'they necessitate further inroads' upon the capitalist system and are 'unavoidable' as a means of bringing about socialism.

It is indeed one of the principal drawbacks of every kind of interventionism that it is so difficult to reverse the process.

Nothing, however, is as ill founded as the assertion of the alleged equality of all members of the human race.

Socialist society is a society of officials.

Liberty is meaningless if it is only the liberty to agree with those in power.

Capitalism has improved the standard of living of the wage earners to an unprecedented extent. The average American family enjoys today amenities of which, only a hundred years ago, not even the richest nabobs dreamed.

The uncouth hordes of common men are not fit to recognize duly the merits of those who eclipse their own wretchedness.