He who acts under an emotional impulse also acts. What distinguishes an emotional action from other actions is the valuation of input and output. Emotions disarrange valuations. Inflamed with passion, man sees the goal as more desirable and the price he has to pay for it as less burdensome than he would in cool deliberation.

Those fighting for free enterprise and free competition do not defend the interests of those rich today. They want a free hand left to unknown men who will be the entrepreneurs of tomorrow.

Continued adherence to a policy of compulsory education is utterly incompatible with efforts to establish lasting peace.

The body of economic knowledge is an essential element in the structure of human civilization; it is the foundation upon which modern industrialism and all the moral, intellectual, technological, and therapeutical achievements of the last centuries have been built.

Inflation has always been an important resource of policies of war and revolution and why we also find it in the service of socialism.

Those politicians, professors and union bosses who curse big business are fighting for a lower standard of living.

Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.