The unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the 'deficit spending' policies of contemporary governments. It is the pseudo-philosophy of those who can think of nothing else than to dissipate the capital accumulated by previous generations.

The egalitarian doctrine is manifestly contrary to all the facts established by biology and by history. Only fanatical partisans of this theory can contend that what distinguishes the genius from the dullard is entirely the effect of postnatal influences.

There were nowhere more docile disciples of Lenin, Trotsky and Stalin than the Nazis were.

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.

The better an entrepreneur succeeds, the more is he vilified and themore is he soaked by taxation.

No private enterprise will ever fall prey to bureaucratic methods of management if it is operated with the sole aim of making profit.

A country becomes more prosperous in proportion to the rise in the invested capital unit per unit of its population.