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

We must fight all that we dislike in public life. We must substitute better ideas for wrong ideas.

The financial history of the last century shows a steady increase in the amount of public indebtedness. Nobody believes that the states will eternally drag the burden of these interest payments. It is obvious that sooner or later all these debts will be liquidated in some way or other, but certainly not by payment of interest and principal according to the terms of the contract.

Daily experience proves clearly to everybody but the most bigoted fanatics of socialism that governmental management is inefficient and wasteful.

During the 2300 years since Plato, very little opposition has been registered to his ideas.

There is no reason why capitalists and entrepreneurs should be ashamed of earning profits.

In the socialist commonwealth every economic change becomes an undertaking whose success can be neither appraised in advance nor later retrospectively determined. There is only groping in the dark. Socialism is the abolition of rational economy.