What is called economic progress is the joint effect of the activities of the three progressive groups-or classes-of the savers, the scientist-inventors, and the entrepreneurs, operating in a market economy as far as it is not sabotaged by the endeavors of the nonprogressive majority of the routinists and the public policies supported by them.

The issue is always the same: the government or the market. There is no third solution.

The worst evils which mankind has ever had to endure were inflicted by bad governments.

There is, in fact, only one solution: the state, the government, the laws must not in any way concern themselves with schooling or education. Public funds must not be used for such purposes. The rearing and instruction of youth must be left entirely to parents and to private associations and institutions

It is merely a metaphor to call competition competitive war, or simply, war. The function of battle is destruction; of competition, construction.

To the masses, the catchwords of Socialism sound so enticing... so they will continue to work for Socialism, helping thereby to bring about the inevitable decline of the civilization which the nations of the West have taken thousands of years to build up.

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