He who accepts life for what it is and never allows himself to be overwhelmed by it does not need to seek refuge for his crushed self-confidence in the solace of a 'saving lie'. If the longed-for success is not forthcoming, if the vicissitudes of fate destroy in the twinkling of an eye what had to be painstakingly built up by years of hard work, then he simply multiplies his exertions. He can look disaster in the eye without despairing.

Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away

The people who think that the power of big business is enormous are mistaken

American authors or scientists are prone to consider the wealthy businessman as a barbarian, as a man exclusively intent upon making money.

There were nowhere more docile disciples of Lenin, Trotsky and Stalin than the Nazis were.

All people, entrepreneurs as well as non-entrepreneurs, look askance upon any profits earned by other people. Envy is a common weakness of men. People are loath to acknowledge the fact that they themselves could have earned profits if they had displayed the same foresight and judgment the successful businessman did.

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