Every socialist is a disguised dictator.

Do not give in to evil, but proceed ever more boldly against it.

What mankind needs today is liberation from the rule of nonsensical slogans and a return to sound reasoning.

Human action is purposeful behavior.

During the 2300 years since Plato, very little opposition has been registered to his ideas.

Without calculation, economic activity is impossible. Since under Socialism economic calculation is impossible, under Socialism there can be no economic activity in our sense of the word All economic change, therefore, would involve operations the value of which could neither be predicted beforehand nor ascertained after they had taken place. Everything would be a leap in the dark. Socialism is the renunciation of rational economy.

One day, because they realize for some reason or other that they must stop credit expansion, the banks do stop creating new credit to lend. Then the firms that have expanded cannot get credit to pay for the factors of production necessary for the completion of the investment projects which they have already committed themselves. Because they cannot pay their bills, they sell off their inventories cheap. Then comes the panic, the breakdown. And the depression starts.