Economic knowledge necessarily leads to liberalism

The productivity of social cooperation surpasses in every respect the sum total of the production of isolated individuals.

He who serves the public best, makes the highest profits.

Marx and Engels openly declared that the progressive income tax and the death tax are 'economically untenable' and that they advocated them only because 'they necessitate further inroads' upon the capitalist system and are 'unavoidable' as a means of bringing about socialism.

The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.

The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.

Economics is not about things and tangible material objects; it is about men, their meanings and actions.