There is no western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way.

Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce.

Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?

History can tell us what happened in the past. But it cannot assert that it must happen again in the future.

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.

Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man.

Only one thing can conquer war-that attitude of mind which can see nothing in war but destruction and annihilation.