Both force and money are impotent against ideas.

The wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being.

An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The whole system of interventionism collapses when the fountain is drained off: The Santa Clause principle liquidates itself.

The characteristic feature of militarism is not the fact that a nation has a powerful army or navy. It is the paramount role assigned to the army within the political structure. Even in peacetime the army is supreme; it is the predominant factor in political life. The subjects must obey the government as soldiers must obey their superiors. Within a militarist community there is no freedom; there are only obedience and discipline.

Innovators and creative geniuses cannot be reared in schools. They are precisely the men who defy what the school has taught them.

As the prosperity of the nation and the height of wage rates depend on a continual increase in the capital invested in its plants, mines and farms, it is one of the foremost tasks of good government to remove all obstacles that hinder the accumulation and investment of new capital.

The only source of the generation of additional capital goods is saving. If all the goods produced are consumed, no new capital comes into being.