Only stilted pedants can conceive the idea that there are absolute norms to tell what is beautiful and what is not. They try to derive from the works of the past a code of rules with which, as they fancy, the writers and artists of the future should comply. But the genius does not cooperate with the pundit.

Every step toward the elimination of profit is progress on the way toward social disintegration.

Democracy is not a good that people can enjoy without trouble. It is, on the contrary, a treasure that must be daily defended and conquered anew by strenuous effort.

Where there is no market economy, the best intentioned provisions of constitutions and laws remain a dead letter.

There prevails on a free labor market a tendency toward full employment.

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

A citizen who casts his ballot without having to the best of his abilities studied as much economics as he can fails in his civic duties.