Nobody can be at the same time a correct bureaucrat and an innovator

The mark of the creative mind is that it defies a part of what it has learned.

Suggestion of the Communist Manifesto was 'abolition of all right of inheritance.' Looking backward upon the past history of estate taxes, we have to realize that they more and more have approached the goal set by Marx. Estate taxes of the height they have already attained for the upper brackets are no longer to be qualified as taxes. They are measures of expropriation.

Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away

Society is best served when the means of production are in the possession of those who know how to use them best.

The capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the sovereign people. The capitalists, the entrepreneurs, and the farmers are the people's mandatories. If they do not obey, if they fail to produce, at the lowest possible cost, what

Is still fulfilling its social function in supplying the consumers with more, better and cheaper goods.