In capitalist enterprise there is no secure income and no security of wealth.

Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis.

Depression is the aftermath of credit expansion.

People do not cooperate under the division of labor because they love or should love one another. They cooperate because this best serves their own interests. Neither love nor charity nor any other sympathetic sentiments but rightly understood selfishness is what originally impelled man to adjust himself to the requirements of society, to respect the rights and freedoms of his fellow men and to substitute peaceful collaboration for enmity and conflict.

A higher standard of living also brings about a higher standard of culture and civilization.

The masses do not like those who surpass them in any regard. The average man envies and hates those who are different.

Seen from the point of view of the particular group interests of the bureaucrats, every measure that makes the government's payroll swell is progress.